/KASE, November 28, 2025/ – Halyk Finance JSC (KASE ticker – HFIN) reported the following:

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Between November 19 and 21, Halyk Bank's common shares and global depositary receipts (GDRs) were made available in both international and local markets as part of a secondary public offering (SPO). Halyk Finance served as the joint global coordinator and bookrunner, facilitating the sale of common shares on KASE and GDRs on AIX.

After collecting orders for both common shares and GDRs – which occurred on KASE and AIX concurrently with the GDR offering in the international market – total demand in the local market reached USD 79 mln, with 20.5 % derived from retail investors and 79.5 % – from institutional investors. 91 % of the orders placed during the local market's SPO were for shares, while 9 % were for GDRs.

The overall volume of the SPO transaction, inclusive of both international and domestic markets, totaled US$475.4 mln, comprising 121.8 mln common shares from the local offering on KASE, priced at 298.66 tenge each, along with 17.6 mln GDRs from the international and local offering, sold at US$23 per GDR (including 205,000 GDRs issued on the AIX exchange).

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[2025-11-28]