8500 ORDINARY SHARES OF INSURANCE COMPANY "SINOASIA B&R" WERE SOLD AT KZT16,200 PER SHARE UNDER SUBSCRIPITON ON KASE

16.09.20 22:29
/KASE, September 16, 2020/ – As announced earlier, an offering of ordinary shares KZ1C00005388 (KASE alternative market, sector "shares", SABR) of Insurance company "Sinoasia B&R" (Almaty) was conducted in KASE's trading system on September 15, 2020 by way of subscription to them. BCC Invest – Subsidiary organization of Bank CenterCredit (hereinafter – the Seller) acted as the seller during the subscription to said shares. A total of 12,000 shares were offered for sale. The date of settlements based on the results of the subscription is September 16, 2020. Under the subscription, only limit orders submitted to KASE's trading system by the closed method were accepted. In total, one order for purchase of 8,500 shares (70.8 % of the offer), which at the end of the orders collection was recognized as active, was submitted to the trading system. The price in the submitted order made up KZT16,200.0 per share. The total bid on the active order amounted to KZT137,700,000.0. Based on results of the subscription, the order for purchase of 8,500 shares at the price of KZT16,200.0 per share was executed. The total offering amount made up KZT137,700,000.0. According to the Central Securities Depository JSC (Almaty), the deal based on results of the subscription to said shares, was settled by the moment of release of this publication, the subscription is finished. [2020-09-16]