/KASE, August 6, 03/ - Kazakhstan stock exchange (KASE) informs that on
August 8 of 2007 on KASE, there will be held specialized trades on additional
floatation of KZPC1Y05C285 bonds (official KASE's listing category "A";
KAFIb1; KZT1,000; KZT3.0 bn.; December 28, 06 - December 28, 11; semi
annual indexed on inflation rate, 8.50% APR at the current period; 30/360) of
KazAgroFinance JSC (Astana).
The pointed bond issues is the first within the first bond program of
KazAgroFinance JSC, that is registered by the Kazakhstan Republic Agency of
regulation and surveillance of the financial market and financial organizations on
October 12 2006 for the total amount of KZT30.0 bn. under the number of C28
and the first issue of internal bonds of the company that passed the listing
procedure on KASE.
On trades the issuer is planning to offer the bonds with the total nominal value
of KZT792,429.0 (26,4% of the registered issue volume).
The specialized trades will be held in the KASE's trade system from 11:30 a.m.
till 13:00 p.m. of Almaty time (ALT). The symbol of a security is KAFIb1A. The
issuer should determine the cut off price till 3:00 p.m. ALT on the trades holding
day. The buyer of securities is obliged to secure transference of money for
purchased securities to Central depository of securities' correspondent account,
at the moment of applications' approval. The number of the underwriter's
account is 1025800155.
The calculations will be made by Central depository of the securities JSC in
compliance with its Rules according to T+0 scheme.
Limited and market bids are admitted to the trades, submitted by the closed
method. The rate of satisfaction of the market bids is 30%.
The net price of the bonds (net of accrued interest) expressed in percent
relative to the security's nominal cost with the precision to fourth decimal
figures, has to be indicated as the price in the bid. Exactly this indicator is
the subject of trades.
The quantity of financial instruments in the bid must be equal to the total face
value of securities in Kazakhstan tenge, divisible by the face value of one
security.
The method of accepting the buy applications is - on the declared price for the
market bids; and -on the weighted average price for the limited bids.
Bids can be submitted only by members of KASE of "P" category (the right to
participate in trades with non-corporate issue securities, included into the
official list of the stock exchange). Investors can submit bids through those
juridical entities. The full list if KASE's members of "P" category is published
on the web site of the stock exchange at
http://www.kase.kz/kasemembers/
More detailed information about the issuer and its securities is being published
at
http://www.kase.kz/emitters/kafi.asp
[2007-08-06]