On July 18, in KASE trading system were offered 79 837 common shares KZ1C24600013 (MREK) of Mangistau Electricity Distribution Network Company JSC at the price of KZT2500.00-2525.00 per share

/KASE, July 18, 08/ - Today in the trading system of KASE were held trades on offering of common shares KZ1C24600013 (KASE category "A" official list, MREK) of Mangistau Electricity Distribution Network Company JSC (Aktau). 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 was proposed 132 196 shares (7.04 % from the total number of offered common shares). RESMI Finance & Investment House JSC (Almaty) acted on trades as the issuer authorized seller The trades' subject was the share price, expressed accurate within the second decimal digit after comma. Orders for participation in the offering were submitted by the open method from 11:30 till 14:00 ALT, considering prolonged by 60 minutes period of orders acceptance. For trades were accepted only limited orders. Purchasing orders satisfaction method - at the announced price. Settlements scheme - Т+0. In trades participated 16 KASE members, which submitted 72 orders. By the moment of expiry of orders submission period remained active 46 orders for buying 265 254 shares to the total amount of KZT460 266 853.00. Prices varied from KZT700.00 to KZT2525.00 per share. Thus, demand on trades made up 200.7 % from the proposed volume. In the total volume of demand 87.5 % were controlled by pension funds orders, 3.5 % - orders of brokerage and dealer companies and 9.0 % - their clients' orders. By trades results the seller satisfied 7 orders for buying 79 837 shares (60.4 % from proposed). The minimum price of orders satisfaction made up KZT2500.00, the maximum - KZT2525.00 per share. At this the borrowing amount made up KZT199 679 975.00. By trades results 92.7 % shares accounted for pension funds and 7.3 % - clients of brokerage and dealer companies. [2008-07-18]