Exploration Production KazMunayGas JSC asks KASE to prolong period of opening trades in its common shares till December 31 of 2006
22.02.06 15:57
/KASE, February 22, 06/ - Exploration Production KazMunayGas JSC
(Astana, the company), whose common shares are in Kazakhstan stock
exchange's (KASE) official "A" listing category under RDGZ symbol, on
February 20 applied to KASE with the official request about prolonging
trades in its shares on KASE till December 31 of 2006.
The company says the prolonging would let open trades in its securities
on KASE and on London stock exchange (LSE) at one time.
"Within year 2005 and till present, our company has been preparing for the
Company's presumed coming to Great Britain's stock market, and offering
an additional share issue on Kazakhstan and foreign stock markets, and in
accordance with this, our company broke the set periods of trades opening",
- the company's letter says (opening of trades in the mentioned shares on
KASE is meant).
Company's KZ1C51460018 common shares were included in KASE's
official "A" listing category on December 31 of 2004. Status of market-maker
on them has been assigned to VISOR Investment Solutions JSC. Trades in
these shares on KASE have not been opened till present.
In compliance with subparagraph 8) of paragraph 2 of the article 19 of
Listing rules, if within twelve months of the last calendar year volume of
exchange's deals in shares, included in the official "A" listing category,
does not exceed a half of percent of their number, declared for issuing,
these shares must be transferred to "B" category of the official securities
list.
[2006-02-22]