/KASE, May 30, 13, May 21, 13 news repetition/ – Kazakhstan Stock Exchange
(KASE) informs that a special trading session for offering of bonds
KZP06Y10B660 (KZ2C00002020; KASE official list, Rated Debt Securities
category, MREKb7; KZT1, KZT1.7 bn; May 17, 2013 – May 17, 2023, semi-
annual coupon 8.00 % APR, 30/360) of JSC "Mangistau Electricity
Distribution Network Company" (Aktau) will be held in KASE trading system
on May 31, 2013.
The mentioned bond issue is the sixth one under the first bond program of
JSC "Mangistau Electricity Distribution Network Company" registered by the
Agency of the Republic of Kazakhstan on Regulation and Supervision of
Financial Market and Financial Organizations on July 27, 2005 to the total
amount of KZT9.86 bn, and the seventh issue of "internal" bonds of the said
issuer which underwent a listing on KASE.
JSC "MONEY EXPERTS, a subsidiary organization of JSC "Nurbank" (Almaty) will
act as seller during the special trading session.
The declared volume of offering is equal to 1,680,000,000 bonds KZP01Y07D887
(99 % of the total number of registered bonds).
The special trading session will be held in KASE trading system from 11:30 to
15:00 o'clock (Almaty time) (ALT) in sector Debts_List_ST1 (group
Rated_ST1). The security ticker at the trading session – MREKb7. The issuer
shall define the cut-off till 16:00 ALT on the day of the trades.
Settlements will be made by the Central Securities Depository in compliance
with its rules. The buyer of securities must ensure availability of money
payable for securities bought at Central Securities Depository correspondent
account at 16:00 ALT (Т+0).
Only limited orders submitted to KASE trading system by the closed method
will be accepted.
As the price an order will indicate the bonds' "net" price (excluding interest
accrued) expressed as percentage of the security's face value accurate within
the fourth decimal. The number of financial instruments in an order must be
equal to the number of bonds in units. As the volume orders must quote the
production of the bonds' number, indicated in an order and the "dirty" price
per bond (including interest accrued). A deal volume is calculated in
compliance with article 14 of chapter 3 of the Methodology of Bonds Yield
Calculation and Amount of Deals in Bonds available at
http://www.kase.kz/files/normative_base/bond_yield_eng.pdf
The method of acceptance of orders for purchase – at the cut-off price.
Only KASE stock market members may submit application for participation in
the trades. Other investors can submit orders through those legal entities.
The full list of stock market members is available at
http://www.kase.kz/en/membership
Regulations on Trading Methods are available at
http://www.kase.kz/files/normative_base/methods_eng.pdf
The bonds' issue prospectus is available at
http://www.kase.kz/files/emitters/MREK/mrekf9b7_2013.pdf
[2013-05-30]