From September 23, 2011 preferred shares KZ1P57360110 (KZ1P00000392, TKUDp) of Ore Mining and Processing Enterprise Tort-Kudyk removed from KASE official list upon issuer request
/KASE, September 23, 11/ - Following a decision of Kazakhstan Stock Exchange (KASE) Listing Commission, from September 23, 2011 preferred shares KZ1P57360110 (KZ1P00000392, TKUDp) of Ore Mining and Processing Enterprise Tort-Kudyk (Astana) are removed from KASE official list upon request of their issuer.
In KASE conclusion of September 1, 2011 it is said that on August 27, 2011 KASE received from JSC "Ore Mining and Processing Enterprise Tort-Kudyk" the following documents:
- application of August 27, 2011 requesting a removal of the said shares from the official list;
- minutes of a general meeting of JSC "Ore Mining and Processing Enterprise Tort-Kudyk" shareholders of July 25, 2011 about voluntary delisting of the mentioned shares.
According to the presented documents, the said shares' delisting will not lead to infringement of rights of investors and professional market participants, since two holders of preferred shares do not object to the delisting.
Based on the said above, and in accordance with sub-item 1) of item 1 of article 19 of KASE internal document "Listing Rules", the said shares have been removed from the listing.
The mentioned shares were included into the second category of KASE official list from October 14, 2009. Trading in the shares was opened from December 21, 2010. During the said shares' circulation at KASE prices of deals concluded in them by open trade methods varied from KZT9.00 to KZT9.01 per share.
[2011-09-23]