/KASE, May 28, 10/ - Kazakhstan Stock Exchange (KASE) informed the fourth
special trade was held in the period April 30 - May 28, 2010 in the KASE
trading system for acquisition of preferred shares KZ1P51460114 (KASE, third
category, RDGZp) of Exploration Production KazMunaiGas (Astana).
VISOR Capital was an authorized buyer at the trade.
The total of authorized and outstanding shares of EP KMG is 4,136,107 shares.
The buyer is intending to buy up to 100 % of the total number.
34 KASE members were trading at the trade, submitting 356 orders, of which
270 remained active for sale of 258,142 preferred shares. Ask reached 6.2 % оf
the volume announced for purchase.
Brokerage and dealer companies submitted 17.2 % orders with their clients
submitting 82.8 % orders.
The buyer set the striking price at KZT17,093.43 a share and confirmed its intent
to accept 20 orders for sale of 26,384 shares. In case of successful settlement
the transaction value will reach KZT450,993,057.12 (USD3,078,450.90).
The trades will be settled June 2, 2010 (at settlement scheme Т+3).
On March 9 the buyer accepted 46 orders for sale of 122,733 preferred shares
at KZT21,060.52 a share. The transaction amount reached
KZT2,584,820,801.16 (USD17,561,116.93).
On March 10 the buyer accepted 30 orders for sale of 92,771 preferred shares
at KZT21,180.06 a share. The transaction amount reached
KZT1,964,895,346.26 (UDS13,340,317.38).
At the third trade held March 11 - April 9 the buyer accepted 67 orders for sale
of 65,224 preferred shares at KZT21,988.89 a share. The transaction amount
reached KZT1,434,203,361.36 тенге (USD9,770,443.23).
After four trades (March 9, March 10, March 11 - April 9, April 30- May 28) the
total of preferred shares is 307,112 shares.
The trades are a part of the EP KMG preferred share buy back program.
EP KMG approved the preferred share buy back program, to be implemented
through successive thirty day trades on KASE in accordance with the current
exchange rules. The program will be completed before December 31, 2011. The
full text of the respective press release of EP KMG is available at
http://www.kase.kz/en/news/show/1097009
Details on the share issue are available at the KASE website at
http://www.kase.kz/en/shares/show/RDGZp
[2010-05-28]