From June 15 shares of Kazakhoil-Emba OJSC (Kazakhstan) on the non-listing trade floor of KASE

15.06.01 00:00
/KASE, June 15, 01/ - Based on the application of the trade members of the Kazakhstan Stock Exchange (KASE) and conclusion of Listing Commission dated Sep.05, 2000 (on common shares of the company), from June 15, 2001 preferred registered shares (KZ1P40070710, trade code - KZEMp) of Kazakhoil-Emba OJSC (Atyrau) to be admitted to the "Non-listed securities" sector under second admission level. Authorized paid capital of the company equals KZT3,971,307,750.0, its declared figure - KZT4,765,569,250.0. The previous emission was the sole issue of common registered shares registered on Nov.23, 1999 (code A4007 in government register). That emission included 15,855,231 shares (KZT250 at face value) of which 14,296,705 are common and 1,588,523 are preferred shares. No data on dividend payments have been presented. Common shares have been traded in the non-listing sector from Sep.17, 2000. Five deals for a total of $265,282.71 have been made so far (124,045 shares at $0.7500-2.8500). Last deal was made on Feb.22, 2001 at $1.7300. The market capitalization equaled $24.7m. Kazakhoil-Emba OJSC is oil production company created in June 1999 by merger between Embamunaigas JSC and Tengizmunaigas JSC. The company is a branch establishment of NOC KAZAKHOIL, which takes 855 shares. The oil production is priority of 6 oil departments including Zhaikneft, Dossrosneft, Makatneft, Kaynarmunaigas, Kulsaryneft and Prorvaneft which develop 33 oil and gas fields.