Results of the public offering of common shares KZ1C00004050 (AIRA) of
Air Astana JSC on KASE within the IPO
14.02.24 18:30
/KASE, February 14, 2024/ – As previously reported, from January 29 to
February 8, 2024, a public offering of common shares KZ1C00004050 (KASE
main market, "premium" category, AIRA) of Air Astana JSC (Almaty) was held in
the trading system of Kazakhstan Stock Exchange (KASE).
The local coordinator and joint bookrunner – Subsidiary of Halyk Bank of
Kazakhstan "Halyk Finance" JSC. The lead manager – Freedom Finance Global
PLC. The joint managers – BCC Invest JSC - subsidiary of Bank CenterCredit
JSC, First Heartland Jusan Invest JSC, SkyBridge Invest JSC.
Upon the end of the order collection period and checking the register by KASE
and Central Securities Depository JSC, as well as reconciliation with KASE
members, 36,899 orders with a total volume of 120.6 bn tenge (equivalent to
266.8 mln US dollars) were recognized as active. At that, the number of active
orders received from individuals made up 36,832 orders with a total volume of
46.4 bn tenge (38.5 % of the volume of accepted orders), which were submitted
from 1,999 sub-accounts of holders and 27,431 personal accounts maintained
through omnibus accounts.
Demand from institutional investors totaled 50.8 bn tenge (42.1 % of the volume
of accepted orders), that from second-tier banks – 15.2 bn tenge (12.6 % of the
volume of accepted orders), from broker-dealer organizations – 4.7 bn tenge (3.8
% of the volume of accepted orders) and that from other legal entities – 3.6 bn
tenge (3.0 % of the volume of accepted orders). Demand on KASE amounted to
186 % of the volume of common shares offered on the local market. A total of 19
members of KASE's stock market took part in the offering.
Based on the results of the public offering on KASE, the issuer executed
36,283 orders for purchase of 45,855,827 shares at a price of KZT1,073.83
per share. The total volume of executed orders on KASE totaled 49.2 bn
tenge (equivalent to 108.9 mln US dollars) or 76 % of the volume of
common shares offered on the local market.
As a result of the offering, securities in the amount of 24.3 bn tenge (49.4 %
of the offering volume on KASE) were credited to individuals' accounts, the
volume of executed orders submitted by institutional investors totaled 24.9 bn
tenge (50.6 % of the offering volume).
According to the data of Central Securities Depository JSC, all transactions
based on the results of the public offering of these shares on KASE were settled
by the time of publication of this information.
[2024-02-14]