ON JULY 18, ON KASE WILL BE HELD SPECIALIZED TRADES ON OFFERING OF COMMON SHARES KZ1C24600013 OF Mangistau Electricity Distribution Network Company JSC (KAZAKHSTAN)

16.07.08 20:56
/KASE, July 16, 08/ - Kazakhstan Stock Exchange (KASE) informs that on July 18, 2008 in the KASE trading system will be held specialized trades on offering of common shares KZ1C24600013 (KASE category "A" official list, MREK) of Mangistau Electricity Distribution Network Company JSC (Aktau). RESMI Finance & Investment House JSC (Almaty) will act on trades as the issuer authorized seller The total volume of issued by Mangistau Electricity Distribution Network Company JSC shares at present makes up 2 011 016 units, offered - 1 878 820. The market will be proposed 132 196 shares (7.04 % from the total number of offered common shares). The specialized trades will be held in the KASE trading system from 11:30 till 13:00 ALT. the security code on trades - MREKA. The issuer will determine the cut-off till 15:00 ALT of the trades execution day. The securities buyer must secure entry of money to the correspondent account at Central Securities Depository JSC in payment of being purchased by it securities till 17:00 ALT of the trades day (ΠΆ+0). The maximum allowed duration of prolongation of time for orders acceptance - 60 minutes. Only limited orders, submitted to the KASE trading system by the open method will be accepted to trades. As the price in the order must be indicated the share price, expressed in KZT accurate within the second decimal digit after comma. The number of financial instruments in the order must equal the number of being purchased shares. The order volume must equal the product of the number of being purchased shares and the price per share. The minimum lot on trades was set in the size of 1 share. Purchasing order satisfaction method - at the announced price. Orders for participation in trades can be submitted by KASE category "P" members (the right to participate in trades in corporate serial securities, included into the exchange official list). Any other investors can submit orders through these legal entities. The full list of KASE category "P" members is published on the exchange website at http://www.kase.kz/kasemembers/ The issue prospectus of being offered shares is available at http://www.kase.kz/emitters/scan/mrek/mrekf9_2005.pdf, http://www.kase.kz/emitters/scan/mrek/mrek_izm_2008.pdf (changes), http://www.kase.kz/emitters/scan/mrek/mrekf9_izm_2008.pdf (changes and additions). [2008-07-16]