Results of the public offering of common shares KZ1C00004050 (AIRA) of Air Astana JSC on KASE within the IPO

/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]