Trade Information

Future listed companies

Future listed companies

Find out more information about placement of securities on stock market of Kazakhstan, and what financial opportunities bring the company after the company gets listed

METHODS OF PLACEMENT OF SECURITIES on KASE

Company may attract investments on stock market by:

Method of specilized trades is used for placing, sale, redemption and purchase of the financial instrument. The company (the initiator) determines the price of accommodation and requests, but not restrict the participation of investors of any category. Specialized trades can be conducted in one iteration or more in accordance with the wishes of the seller (buyer). Trades on additional floatation of securities to be placed on specialized trades can be carried out only on the day of the auction.

During the auction initiator (seller) has rights to choose
one of the methods of applying requests:
Open method - information about prices and size of requests is available for all participants
Close method - Information about prices and requests is available only for applicant
During auction initiator (seller) has right to choose
one of the methods of following methods of requests
cut-off prices
on weighted average price of limited counter orders, the prices of which are equal to cut-off price or are more favorable for the seller

Method of subscription used in the placement of securities and is held on KASE only if there is only one seller and only if the placement of securities, which are included in the official list of the Exchange, or obtained the consent of the Exchange for their inclusion in the official list.

Subscription is based on the construction of the request book with the names/titles buyers

At the time of the subscription, it usually takes from one to several days

The seller (initiator) determines the conditions of placing: options, price of accommodation, the category of investors that can participate in the subscription

Direct deals method assumes that each separate deal is the result of negotiations between two trades ' participants and achievement by them of agreement on conclusion between them of the deal. Submission by the bidder indicative quotes does not impose on him the obligation to conclude a deal based on this indicative quotes. When placing securities through direct deals (contractual deals) there are no tax incentives for the growth of the securities sold through direct trade.

During the method of direct deal it can be concluded
by filing the indicative quotation by any participant with the subsequent conduct of negotiations with other bidders, responded to this indicative quotation
directly based on preliminary negotiations of participants

Submission by the bidder indicative quotes does not impose on him the obligation to conclude a deal based on this indicative quotes.

When placing securities through direct deals (contractual deals) there are no tax benefits on the increase in the value of securities sold through direct trade.

Method of specilized trades is used for placing, sale, redemption and purchase of the financial instrument. The company (the initiator) determines the price of accommodation and requests, but not restrict the participation of investors of any category. Specialized trades can be conducted in one iteration or more in accordance with the wishes of the seller (buyer). Trades on additional floatation of securities to be placed on specialized trades can be carried out only on the day of the auction.

During the auction initiator (seller) has rights to choose
one of the methods of applying requests:
Open method - information about prices and size of requests is available for all participants
Close method - Information about prices and requests is available only for applicant
During auction initiator (seller) has right to choose
one of the methods of following methods of requests
cut-off prices
on weighted average price of limited counter orders, the prices of which are equal to cut-off price or are more favorable for the seller

Method of subscription used in the placement of securities and is held on KASE only if there is only one seller and only if the placement of securities, which are included in the official list of the Exchange, or obtained the consent of the Exchange for their inclusion in the official list.

Subscription is based on the construction of the request book with the names/titles buyers

At the time of the subscription, it usually takes from one to several days

The seller (initiator) determines the conditions of placing: options, price of accommodation, the category of investors that can participate in the subscription

Direct deals method assumes that each separate deal is the result of negotiations between two trades ' participants and achievement by them of agreement on conclusion between them of the deal. Submission by the bidder indicative quotes does not impose on him the obligation to conclude a deal based on this indicative quotes. When placing securities through direct deals (contractual deals) there are no tax incentives for the growth of the securities sold through direct trade.

During the method of direct deal it can be concluded
by filing the indicative quotation by any participant with the subsequent conduct of negotiations with other bidders, responded to this indicative quotation
directly based on preliminary negotiations of participants

Submission by the bidder indicative quotes does not impose on him the obligation to conclude a deal based on this indicative quotes.

When placing securities through direct deals (contractual deals) there are no tax benefits on the increase in the value of securities sold through direct trade.