As of August 25, 2018 securities of Eximbank Kazakhstan removed from KASE official list

25.08.18 11:04
/KASE, August 25, 2018/ – By the decision of the Listing Commission of the Kazakhstan Stock Exchange (KASE) as of August 25, 2018 securities of Eximbank Kazakhstan (Almaty) removed from KASE official list: - Common shares KZ1C36110019 (KZ000A0LGXR8, KASE main market, category "standard", EXBN); - Preferred shares KZ1P36110115 (KZ000A0LGVG5, KASE main market, category "standrad", EXBNp); - Bonds KZP01Y10E988 (KZ2C00003325, KASE main market, category "bonds", EXBNb4); - Bonds KZP02Y05E986 (KZ2C00003929, KASE main market, category "bonds", EXBNb5). The KASE conclusion on July 19, 2018 it was noted that Eximbank Kazakhstan defaulted on payment of interest for the second coupon period (from December 4, 2017 to June 3, 2018) on bonds KZP02Y05E986 (KZ2C00003929, EXBNb5), and also did not submit a plan of measures to eliminate the grounds for transferring its securities to the "buffer" category. In accordance with subparagraph 2) of paragraph 35 of the Requirements for issuers and their securities admitted to circulation on the stock exchange, as well as to certain categories of the stock exchange list approved by the Resolution of the Board of the National Bank of the Republic of Kazakhstan No. 54 of March 27, 2017, the issuer's securities are subject to delisting in the event of issuer default on payment of interest on their obligations and failure of the issuer to provide the action plan provided for in paragraph 20 of the said Claims. Based on the above and in accordance with sub-item 2) of item 1 of chapter 3 of appendix 2.2 to KASE's internal document "Listing Rules", these shares were delisted. [2018-08-25]