Mangistau Electricity Distribution Network Company JSC sets KZT1,485 striking price at initial offering of its common shares on OTC

27.06.08 21:28
/KASE, June 27, 08/ - RESMI Finance and Investment House JSC (Almaty), a financial advisor of Mangistau Electricity Distribution Network Company JSC (Aktau), securities of which are traded in the official list of Kazakhstan Stock Exchange (KASE) of category "A", provided KASE with information message of June 25, 2008: Quotation start Herewith Mangistau Electricity Distribution Network Company JSC in the person of RESMI Finance and Investment House JSC, acting by virtue of Agreement No. 24/311 of December 14, 2007 in accordance with the Public offer on purchase of shares of Mangistau Electricity Distribution Network Company JSC of June 8, 2008 (the Offer) declares: - Striking price set at KZT1,485 (one thousand four hundred eighty five) tenge. - All orders, duly accepted in receipt order points, were satisfied in full at the declared price. - All applicants must before July 3, 2008 make payments due in regard of shares by banking details, specified in the Offer indicating the purpose of payment: For crediting to the account of MREK JSC as payment for common shares of MREK JSC according to the application. - Shares will be accounted on the individual accounts of applicants on the basis of receipt of full payment for shares, with account of the term, provided by item 5.4 of the Offer. - The applicants, who signed an agreement with RESMI IFD JSC for broker services with nominal holding, will be entitled to receive an extract from their individual account, confirming crediting of shares, within five working days from the day of crediting of shares via corresponding transfer-agency units of Kazpost JSC (for applicants who submitted applications through units of Kazpost JSC). And the applicants, who submitted applications for purchase of shares of MREK JSC through RESMI IFD JSC, must inform RESMI IFD JSC on a preference type of communication for receipt of the indicted extract. - Applicants, who concluded an agreement for broker services with nominal holding with the organization, providing broker services to the applicant on the territory of the Republic of Kazakhstan, or having an individual account at the registrar (Reestr-Service JSC) must independently contact this organization for receipt of the extract from the account, confirming crediting of share at this account. Quotation end [2008-06-27]