Results of subscription on KASE for common shares KZ1C00001122 (KMGZ) of National Company KazMunayGas under IPO

07.12.22 19:00
/KASE, December 7, 2022/ – As announced previously, from November 9 to December 2, 2022, a public initial offering (IPO) of common shares KZ1C00001122 (KASE main market, category "standard", KMGZ) of National Company "KazMunayGas" JSC (Astana) was held in the trading system of Kazakhstan Stock Exchange (KASE, or the Exchange) by way of subscription to them. Sovereign Wealth Fund "Samruk-Kazyna" JSC acted as the seller during the subscription to these shares. Joint bookrunners: Halyk Finance JSC, SkyBridge Invest JSC, Freedom Finance JSC and BCC Invest JSC. The number of shares being issued was up to 30,505,974 pieces. The offering price – KZT8,406 per share. The settlement date based on the results of the subscription is December 7, 2022. At the end of the collection period and checking the register by the Exchange and Central Securities Depository JSC, as well as reconciliations with KASE members, 121,770 orders with a total volume of KZT141.8 bn were recognized as active. At the same time, the number of active orders received from individuals made up 121,703 orders with a total volume of KZT70.1 bn, which were submitted from 12,744 sub-accounts of holders and 50,903 personal accounts accounted for through the omnibus accounts. Demand from legal entities amounted to KZT12.1 bn, from institutional investors – KZT59.6 bn. In total, 20 members of KASE's securities market took part in the offering. As a result of the subscription, the issuer executed 121,770 orders for the purchase of 16,353,049 shares. The total volume of executed orders on KASE amounted to KZT137.5 bn. At the same time, all active orders submitted by individuals and legal entities were executed in full, the orders of institutional investors were executed partially. As a result of the offering, securities in the amount of KZT70.1 bn (51.0 % of the volume of the offering on KASE) were credited to accounts of individuals, those in the amount of KZT12.1 bn (8.8 % of the offering volume) – to accounts of legal entities; the volume of executed orders submitted by institutional investors amounted to KZT55.3 bn (40.2 % of the offering volume). According to the Central Securities Depository JSC (Almaty), all deals based on the results of subscription for the said shares have been settled by the moment of publication of this information, the subscription is completed. [2022-12-07]