/KASE, April 12, 10, paragraphs with March 9 and 10 trades results were added/
- Kazakhstan Stock Exchange (KASE) informs that on March 11-April 9, 2010,
in the KASE trading system were held the third specialized trades on buying
preferred shares KZ1P51460114 (KASE official list third category, RDGZp) of
KazMunaiGas Exploration Production (Astana).
VISOR CAPITAL (Almaty) acted as the authorized buyer at specialized trades.
The total number of authorized offered preferred shares of KazMunaiGas
Exploration Production at present is 4,136,107 units. The buyer intends to buy
up to 100 % from the mentioned number of securities.
11 KASE members participated in trades, who submitted 94 orders, out of which
at the orders submission closing remained 67 sales orders for 65,224 preferred
shares. The bid at trades made up 1.6 % from the announced to buying volume.
In the total volume of active orders the brokerage dealer companies constituted -
13.6 %, their clients - 86.4 %.
By trades results the buyer confirmed by documents the intent to satisfy all
active orders in the full volume at KZT21,988.89 per share. In case of successful
settlements the buying amount will make up KZT1,434,203,361.36
(USD9,770,443.23 at the current exchange rate).
We remind that settlements at specialized trades on deals concluded must be
made on April 14, 2010 (T+3).
By trades results on March 9, a buyer satisfied 46 orders for selling 122,733
preferred shares at KZT21,060.52 per share. The purchase amount made up
KZT2,584,820,801.16 (the equivalent of USD17,561,116.93 at the exchange rate
on March 9).
By trades results on March 10, a buyer satisfied 30 orders for selling 92,771
preferred shares at KZT21,180.06 per share. The purchase amount made up
KZT1,964,895,346.26 (the equivalent of USD13,340,317.38 at the exchange rate
on March 10).
By three trades results on (March 9 and 10, March 11 and April 9) the total
number of preferred shares, the buying of which was confirmed via documents by
the buyer, made up 280,728 units.
The mentioned trades are the part of KazMunaiGas Exploration Production
preferred shares buy back program.
As previously informed, KazMunaiGas Exploration Production approved its
preferred shares buy back program, planned for implementation through
subsequent separate series of thirty day specialized trades on KASE in
compliance with the Exchange rules in force. The program completion is planned
till December 31, 2011. the press release full text is available on KASE website
at
http://www.kase.kz/news/show/1097005
Details on mentioned shares issue are available on KASE website at
http://www.kase.kz/ru/shares/show/RDGZp
[2010-04-12]