/KASE, January 29, 2024/ – Kazakhstan Stock Exchange (KASE, or the
exchange) announces that starting from 14:00 o'clock Astana time (AST) on
January 29, 2024, a public offering of common shares KZ1C00004050 (KASE
main market, "premium" category, AIRA) of Air Astana JSC (hereinafter – the
Issuer) will be held in KASE's trading system.
Orders for the public offering will be collected:
- on January 29, 2024 – from 14:00 o'clock to 18:00 o'clock AST;
- on January 30 – February 7, 2024 on weekdays from 9:00 o'clock to 18:00
o'clock AST;
- on February 8, 2024 – from 9:00 o'clock to 12:00 o'clock AST.
Subsidiary organization of Halyk Bank of Kazakhstan Halyk Finance JSC
(hereinafter – the Seller) acts as the seller during the public offering of these
shares on KASE.
The local coordinator and joint bookrunner – Subsidiary organization of Halyk
Bank of Kazakhstan Halyk Finance JSC.
The Lead Manager – Freedom Finance Global PLC.
Joint managers – BCC Invest JSC (Subsidiary of Bank CenterCredit JSC), First
Heartland Jusan Invest JSC, SkyBridge Invest JSC.
The number of shares offered for placement is approximately 141 million.
The approximate price range for the Issuer's common shares is set at US$2.13 to
US$2.75 per common share ("Share"). The final offer price for the Share will be
within the specified price range. Investor orders for the purchase of the Shares
on KASE must be submitted in tenge. The following information is provided for
informational purposes only: the indicative price range for the Shares of US$2.13
to US$2.75 per Share is equivalent to the range of KZT956 to KZT1,237 per
Share calculated at the official exchange rate of the National Bank of Kazakhstan
in effect on the date of this announcement.
Concurrently with the public offering of Shares, the Issuer and its shareholders
are offering global depositary receipts, the underlying asset of which is Shares
("GDRs") listed on the London Stock Exchange and Astana International
Exchange. The underlying Asset of one GDR will be 4 (four) Shares. The final
price per Share will be set in tenge and will be equal to the final offering price of
the GDRs divided by 4 (four), converted into tenge at the official exchange rate of
the National Bank of Kazakhstan in effect on the date preceding the date the final
price of the Shares is determined.
The security ticker during the public offering is AIRA.
The minimum number of shares per order is 1 share. There are no restrictions for
buyers on the maximum number of shares in submitted orders under the terms of
the public offering. The number of orders submitted by one person is not limited.
The date of provision to the Seller of the register of orders accepted by the
exchange is February 8, 2024.
The date of provision of the register of executed orders to the exchange by the
Seller is February 9–10, 2024.
The date and time of transactions is February 14, 2024 from 10:00 o'clock AST.
The date and time of settlements is February 14, 2024 from 15:30 Rules for
conducting a public offering of securities have been published AST.
Settlements are carried out by Central Securities Depository JSC.
According to the terms of this public offering, the list of additional information
about the investor disclosed to the Issuer includes the following information:
1) last name, first name, patronymic (if any) of an individual or name of a legal
entity;
2) IIN of an individual or BIN of a legal entity;
3) citizenship of an individual or state, in accordance with the legislation of which
the legal entity was registered as a legal entity;
4) place of residence of an individual or address of a legal entity;
5) name of the broker/member of the exchange who submits his own order or
client order;
6) type of investor – individual or legal entity.
Execution of orders (full or partial) is carried out at discretion of the Issuer and
SWF Samruk-Kazyna JSC. The Issuer and SWF Samruk-Kazyna JSC may
unconditionally refuse, at their own discretion, to execute any order (in whole or
in part).
Orders for the purchase of shares are entitled to be submitted by retail investors
– citizens of the Republic of Kazakhstan, legal entities – residents of the Republic
of Kazakhstan, including institutional investors – residents of the Republic of
Kazakhstan, as well as investors – non-residents of the Republic of Kazakhstan
(both retail and legal entities – non-residents of the Republic of Kazakhstan,
including institutional).
In case of sending orders by KASE members from omnibus or foreign custodial
accounts, these orders will be accepted by KASE only subject to disclosure of
information about investors in the established format for KASE, in particular,
disclosure of personal data in accordance with the requirements of the Issuer via
a web module (a link will be provided to trading participants by KASE). At the
same time, KASE members are responsible for the accuracy of
information/personal data disclosed to KASE through the web module, and agree
that this information will also be disclosed to the Issuer and Joint Bookrunner,
Lead Manager and Joint Managers. In this regard, KASE members submitting
orders from omnibus or foreign custodial accounts must obtain appropriate
consent from their clients to disclose personal data before accepting or during
the order acceptance process. Additionally, we remind you that KASE members
are subjects of surveillance of the Agency of the Republic of Kazakhstan for
Regulation and Development of the Financial Market, which has the right at any
time to verify the accuracy of the personal data provided.
Orders for participation in the public offering are submitted to the exchange only
through KASE members of the "stock" category. The full list of KASE members is
published at
http://kase.kz/en/membership
The opening of a new segregated account in the trading and clearing system of
the exchange is carried out on the next business day after the opening of the
depositor's personal account with the Central Securities Depository JSC.
Accordingly, a new personal account with the Central Securities Depository to
participate in the public offering must be opened no later than one business day
before the closing date for accepting orders.
The Rules for conducting a public offering of securities are available on KASE's
Internet resource at
https://kase.kz/files/normative_base/rules_public_offering_eng.pdf
More detailed information about the issue of these shares is available at
https://kase.kz/en/shares/show/AIRA/
[2024-01-29]