From September 23, common shares KZ1C00000108 (LNAT) of Insurance company London-Almaty will be transferred from "standard" category of main market to "shares" sector of alternative market of KASE official list

22.09.22 17:05
/KASE, September 22, 2022/ – On September 22, 2022, the Listing Commission of Kazakhstan Stock Exchange (KASE) decided to transfer common shares KZ1C00000108 (LNAT) of Insurance company London-Almaty JSC (Almaty) from the "standard" category of the main market to the "shares" sector of the alternative market of KASE official list. This decision of the Listing Commission shall enter into effect on September 23, 2022. In the conclusion of KASE dated September 19, 2022, it was noted that, based on the results of the audit of Insurance company London-Almaty JSC and its specified shares for compliance with the criteria and requirements established by KASE's internal document "Listing Rules" for inclusion of securities in the main market of KASE official list and their location in the specified market, non-compliance of Insurance company London-Almaty JSC with the criterion for the company to have a valid rating was revealed. More detailed information on the issue of these shares is published on KASE website – https://kase.kz/en/shares/show/LNAT/ [2022-09-22]