Halyk Finance says Sovereign Wealth Fund "Samruk-Kazyna" successfully closed transaction for sale of common shares of National company "KazMunayGas" as part of IPO

22.12.22 15:09
/KASE, December 22, 2022/ – Subsidiary organization of Halyk Bank of Kazakhstan Halyk Finance JSC (Almaty, in the heading – Halyk Finance JSC) has provided Kazakhstan Stock Exchange (KASE) with the following press release dated December 22, 2022: quote Joint-stock company "Subsidiary organization of Halyk Bank of Kazakhstan Halyk Finance" (hereinafter – Halyk Finance) informs about the successful completion of the transaction for sale by Joint-Stock Company "Sovereign Wealth Fund "Samruk-Kazyna" (hereinafter – Samruk-Kazyna) of common shares of National company "KazMunayGas" JSC (hereinafter – KMG) as part of the IPO on Astana International Exchange (hereinafter – the AIX) and on Kazakhstan Stock Exchange (hereinafter – KASE). Halyk Finance acted as the joint coordinator and bookrunner of the share offering on KASE and AIX. The offering of KMG shares, carried out as part of the IPO from November 9 to December 2, 2022, continues a successful series of transactions organized by Halyk Finance as the coordinator and bookrunner, who has the longest experience in conducting such public transactions on the AIX and KASE. As part of the initial offering, up to 5% of the total number of KMG's outstanding common shares were offered at a price of 8,406 tenge per share. During the subscription, 129,949 orders were received from investors for a total amount of 181.5 billion tenge. In order to prevent the economic concentration of significant stakes in hands of individual large investors, some of the orders received were partially executed or rejected. As a result, Samruk-Kazyna sold on AIX and KASE a total of 18,303,584 common shares for a total of KZT153.9 billion, which corresponds to 3% of the total number of KMG's outstanding common shares. 34%, or 52 billion tenge, of the total volume of the offering in the amount of 154 billion tenge falls on Halyk group and its clients. The total number of executed orders for purchase of KMG shares under the IPO was 129,948, of which 71% were submitted by the Halyk group and its clients. 69% of executed orders are those from retail clients of Halyk Bank, submitted through the new service called Halyk Invest in the Halyk Homebank mobile application. unquote The full version of the press release is available at – https://kase.kz/files/emitters/HFIN/hfin_relizs_221222.pdf [2022-12-22]