/KASE, December 29, 06, text was added after the sixth paragraph/ - By the
decision of Kazakhstan stock exchange's (KASE) Council beginning from
December 29, 2006 the following securities of Valyut-Transit-Bank JSC
(Karaganda) are to be excluded from KASE's official "B" listing
category.
- KZ1C33290012 (VTBN) common shares;
- KZ1P33290118 (VTBNp) preferred shares;
- secured KZ2CKY05B380 bonds, indexed on devaluation rate of tenge
against US dollar, (VTBNb2; KZT1, KZT1.4 bn.; December 22, 04 -
December 22, 09, semi-annual coupon, indexed on inflation rate,
10.00% APR for current period);
- KZPC1Y05B618 bonds (VTBNb3; KZT1,000, KZT4.6 bn.; June 7, 05 -
June 7, 10, semi-annual coupon, indexed on inflation rate, 9.00% APR
for current period);
- KZPC2Y07B612 bonds (VTBNb4; KZT1, KZT1.4 bn.; June 7, 05 - June
7, 12, semi-annual coupon, indexed on inflation rate, 9.50% APR for
current period).
The Exchange Council of KASE adopted the given decision after
consideration of conclusion of the Listing committee about possibility of de-
listing of shares and bonds of Valyut-Transit-Bank JSC. In the named
conclusion all possible reasons of de-listing of bank's securities are stated
(due to a considerable volume of text they are not published in the present
piece of news). The text of this document is available on KASE's web site at
http://www.kase.kz/emitters/scan/vtbn/vtbn_delist.pdf
Common and preferred shares of Valyut-Transit-Bank JSC were
included in KASE's official "B" listing category since May 22, 2000 under
VTBN and VTBNp respectively. Since February 5, 2001 named shares have
been moved to KASE's official "A" listing category. Since October 24, 2006
by the decision of KASE's Council shares have been moved from KASE's
official "A" listing category to "B" category. First exchange trades in these
shares took place on June 1, 2006.
During the whole time of stock exchange trades in VTBN 927 deals
(84,843,643 shares) were concluded for a total of KZT27,129.1 ($202.4 m.),
including within the frames of the initial offering - 25 deals (8,967,447
shares) for a total of KZT2,421.2 m. ($17,786.8 th.). Minimal price on
concluded deals totaled KZT200.00 per share, maximal - KZT530.0 per
share. Offerings were conducted at KASE at one price - KZT270.00 per
security. The last deal with VTBN at the secondary market of KASE was
closed on October 13, 2006 at the price KZT320.00 per share. In 2006
VTBN at KASE took 22nd position in rating of tradability of NB and 12th
position in rating of share tradability on volume of closed deals. 0.9% of
exchange turnover of NB and 2.2% of share market turnover come to
shares. VTBN were used at KASE in 2,029 transactions as repo subject. At
this point 1,034 deals were concluded in them for an amount of borrowing of
KZT42,622.9 m. ($318.6 m.).
During the whole time of exchange trades in VTBNp 677 deals (44,539,784
shares) were concluded for a total of KZT14,743.3 m. ($106.1 m.), including
within the frames of the initial offering - 28 deals (6,250,000 shares) for a
total of KZT1,687.5 m. ($11,904.3 th.). Minimal price on concluded deals
totaled KZT195.00 per share, maximal - KZT472.0 per share. Offerings were
conducted at KASE at one price - KZT270.00 per share. The last deal with
VTBN at the secondary market of KASE was closed on October 20, 2006 at
the minimal price. In 2006 VTBNp at KASE took 70th position in rating of
tradability of NB and 23rd position in rating of share tradability on volume of
closed deals. 0.4% of exchange turnover of NB and 0.9% of share market
turnover come to shares. VTBNp were used at KASE in 526 transactions as
repo subject. In this sector 267 deals were concluded in them for an amount
of borrowing of KZT8,445.4 m. ($60.5 m.).
VTBNb2 bonds have been included in KASE's official "A" listing category
since December 22, 2004. Since October 24, 2006 by the decision of KASE's
Council bonds have been moved from KASE's official "A" listing category to
"B" category. First trades in these bonds took place at stock exchange on
December 23, 2004. For an expired period in the sector of purchase and sale
56 deals (4,627,750,000 bonds) were concluded in them for a total of
KZT4,798.7 m. ($37,511.2 th.). Yield of bonds to maturity for a buyer on
closed deals varied during the whole time of trades from 7.70% APR to
10.40% APR. The last deal was conducted on October 11, 2006 at a
maximum yield. In 2006 VTBNb2 at KASE took 61st position in rating of
tradability of NB and 41st position in rating of tradability of corporate bonds
on volume of closed deals. 0.5% of exchange turnover of NB and 0.8% of
share market turnover come to bonds. VTBN2 were used at KASE in 86
transactions as repo subject. In this sector 43 deals were concluded in them
for an amount of borrowing of KZT2,708.6 m. ($20,618.7 th.).
VTBNb3 bonds have been included in KASE's official listing category since
June 29, 2005. Since October 24, 2006 by the decision of KASE's Council
bonds have been moved from KASE's official "A" listing category to "B"
category. First trades in VTBNb3 took place at stock exchange on June 30,
2005. For an expired period in the sector of purchase and sale 212 deals
(9,983,761 bonds) were concluded in them for a total of KZT10,041.2 m.
($77,924.3 th.). Yield of bonds to maturity for a buyer on closed deals varied
during the whole time of trades from 6.96% APR to 12.00% APR. The last
deal was conducted on December 4, 2006 at a minimal yield. In 2006
VTBNb3 at KASE took 29th position in rating of tradability of NB and 16th
position in rating of tradability of corporate bonds on volume of closed deals.
0.8% of exchange turnover of NB and 1.4% of share market turnover come
to bonds. VTBN3 were used at KASE in 332 transactions as repo subject. In
this sector 173 deals were concluded in them for an amount of borrowing of
KZT11,117.0 m. ($85,017.7 th.).
VTBNb4 bonds have been included in KASE's official listing category since
June 29, 2005. Since October 24, 2006 by the decision of KASE's Council
bonds have been moved from KASE's official "A" listing category to "B"
category. First trades in VTBNb4 took place at stock exchange on June 30,
2005. For an expired period in the sector of purchase and sale 33 deals
(3,129,700,000 bonds) were concluded in them for a total of KZT3,137.6 m.
($24,848.1 th.). Yield of bonds to maturity for a buyer on closed deals varied
from 9.00% APR to 11.72% APR. The last deal was conducted on October
13, 2006 at a yield of 10.65% APR. In 2006 VTBNb4 at KASE took 93rd
position in rating of tradability of NB and 63rd position in rating of tradability
of corporate bonds on volume of closed deals. 0.3% of exchange turnover of
NB and 0.5% of share market turnover come to bonds. VTBN4 were used at
KASE in 27 transactions as repo subject. In this sector 14 deals were
concluded in them for an amount of borrowing of KZT1,108.4 m. ($8,930.6
th.).
[2006-12-29]