14,908 ORDINARY SHARES GG00BGDYDZ69 (GG_FERR) OF FERRO-ALLOY RESOURCES LIMITED WERE SOLD AT GBP0.7 PER SHARE DURING SUBSCRIPTION ON KASE

20.03.19 19:06
/KASE, March 20, 2019/ – As announced earlier, a selling of ordinary shares GG00BGDYDZ69 (KASE alternative market, sector "shares", GG_FERR) of Ferro-Alloy Resources Limited (Guernsey) was conducted in KASE's trading system from March 7 to March 13, 2019 by way of subscription to them. Tengri Capital MB (Almaty, hereinafter – the Seller) acted as the seller during the subscription to said shares. A total of 9,000,000 shares were put up for sale. The settlement date is March 20, 2019. The settlement was carried out in tenges in the volume equivalent to the volume of the order submitted in pounds sterling, at the official exchange rate fixed by the National Bank of the Republic of Kazakhstan for the day preceding the settlement day – KZT498.14 per pound sterling. A total of two orders for purchase of 14,908 shares (0.2 % of the supply) were submitted to the trading system. They were acknowledged as active as at the close of the order collection. The price in the orders submitted made up GBP0.7 per share. The total demand on active orders was estimated at GBP10,435.60, with orders coming from individual accounts. Based on results of the subscription, the cut-off price was fixed at GBP0.7 (equivalent to KZT348.698), two orders for purchase of 14,908 shares (0.2 % of the offered amount) were executed. The total selling amount made up GBP10,435.6 (equivalent to KZT5,198,389.8). According to the Central Securities Depository JSC (Almaty), all deals based on results of the subscription, were settled by the moment of release of this publication, the subscription is finished. [2019-03-20]