/KASE, September 23, 11, September 13, 11 news repetition/ - Kazakhstan Stock
Exchange (KASE) announces that a trading session for selling of international
amortization bonds XS0532988770 (XS0532989588, KASE official list, Rated Debt
Securities category, BTASe7; USD2,082,371,783; July 1, 2010 - July 1, 2018,
semi-annual coupon 10.75 % APR until December 31, 2012, later - 12.50 % APR;
30/360) of JSC BTA Bank (Almaty) is to be held in KASE trading system on
September 27, 2011.
The trading will be conducted in the form of Dutch auction in KASE trading
hall.
Joint-stock company BTA Securities (Almaty), a subsidiary of BTA Bank joint-
stock company, will act as seller during the trading session.
The declared volume of bonds on offer makes up 55,253,256 units (2.7 % of
the total registered volume of this issue's bonds) with the total starting value
of KZT6,986,347,953.00. One lot's size at the trading session makes up 2,302,219
bonds. The starting price of one lot equals to KZT291,097,831.38. Pace of one
lot's change makes up KZT5,821,956.63.
The Dutch auction will be conducted in KASE trading system from 11:30 to 17:00
o'clock (Almaty time - ALT). The security's ticker during the trading session -
BTASe7. Settlements will be executed on the trading day (T+0).
A prospective buyer of securities must ensure crediting to KASE's correspondent
account of the guarantee fee to the amount of KZT23,287,826.51 until 15:00 ALT
September 26, 2011. The guarantee fee is used for payment of securities
purchased. In case the guarantee fee does not cover the transaction's amount,
the buyer of securities will have to ensure crediting to KASE's correspondent
account of the rest of money as payment for securities he bought, until 17:00
ALT of the settlements day.
If a lot has not been sold, that will mean that the buyer is not satisfied with
the price parameter declared by the seller, consecutively, trading session for
remaining (other) lots will be declared invalid.
Only KASE stock market members may participate in the trading. Other persons
can submit applications for taking part in the trading only through those legal
entities. The full list of KASE stock market members is available at
http://www.kase.kz/en/membership
Prior to the trading a KASE broker will pronounce the number of prospective
trading participants who fulfilled the guarantee fee payment clause. If the
number of such participants is less than two, the trading will be declared a
failure.
Since the Dutch auction is based on the voice method, traders of KASE members
will be admitted to the trading only upon presenting their ID card.
The regulations on the methods of conducting trading are available at
http://www.kase.kz/files/normative_base/methods_eng.pdf
Details of the mentioned bonds' issue are available at
http://www.kase.kz/files/emitters/BTAS/btase7-15_trust_eng.pdf and
http://www.kase.kz/files/emitters/BTAS/btase7-15_trust_dop_eng.pdf
[2011-09-23]