Trading in common shares KZ1C00001122 (KMGZ) of National company "KazMunayGaz" will be suspended on KASE from November 7 due to upcoming IPO

03.11.22 17:34
/KASE, November 3, 2022/ – Kazakhstan Stock Exchange (KASE) announces that trading in common shares KZ1C00001122 (KASE main market, "standard" category, KMGZ) of National company "KazMunayGaz" JSC (Astana) will be suspended on KASE from November 7, 2022. Trades will be suspended in accordance with sub-item 9) of item 1 of article 11-2 of KASE's internal document "Rules for carrying out of exchange activities" based on the company's notice of intention of Sovereign Wealth Fund "Samruk-Kazyna" JSC, which is a major shareholder of the company, to carry out a partial sale of these shares as part of the upcoming initial public offering (IPO) of shares of National company "KazMunayGaz" JSC. [2022-11-03]