Joint-Stock Investment Real Estate Fund Velikaya Stena (Kazakhstan) on July 16 bought back 240 common shares KZ1C56580018 (KZ1C00000090, VSTN) at KZT315 th. per share
16.07.13 17:48
/KASE, July 16, 13/ – A special trading session for buyback of common shares
KZ1C56580018 (KZ1C00000090, KASE official list, sector "Securities of
investment funds", VSTN) of JSC "Joint-stock Investment Real Estate Fund
"Velikaya Stena" (Almaty) was held in KASE trading system today.
The declared buyback volume by the issuer made up 240 shares KZ1C56580018
(2.0 % of the total quantity of outstanding shares of this issue).
As the price an order would indicate the value of one common share expressed in
tenge accurate within the second decimal. Orders for participation in the
placement were submitted from 11:30 to 13:00 o'clock Almaty time (ALT), by the
closed method. Only limited orders were accepted to the trading. The method of
acceptance of selling orders – at the cut-off price. Settlement scheme – Т+0.
Two KASE members – brokerage companies, took part in the trading submitting two
orders for selling of 241 shares on behalf of their clients. Both orders
remained active at the end of order submission period. Prices in the orders
submitted were at levels of KZT315,000.00 and KZT320,000.00 per share, making on
weighted average KZT315,020.75.
Upon results of the trading the issuer fixed the cut-off price at KZT315,000.00,
thus buying back 240 of the said shares. The deal's amount made up
KZT75,600,000.00.
According to data from JSC "Central Securities Depository" (Almaty) the deal
was accomplished by the moment of publication of this information.
[2013-07-16]