/KASE, September 30, 2024/ – By a decision of the Board of Directors of
Kazakhstan Stock Exchange (KASE) dated September 27, 2024, the following
amendments to the internal documents of KASE were approved :
- Changes and additions No. 11 to the Listing Rules;
- Changes and addition No. 7 to the Rules for Determining the Amounts, Terms
and Procedure for Payment of Listing Fees;
- Changes No. 6 to the Rules for disclosure of information by securities
admission initiators.
These amendments will come into force on September 30, 2024.
In addition, from the specified date, in accordance with the decision of KASE's
Board of Directors dated September 12, 2024, amendments No. 6 to the
Procedure for implementing listing procedures will come into force.
The amendments were made in order to update and optimize listing procedures
and listing requirements.
The amendments provide, among other things, for the following:
- the procedure for forming a list of stock exchanges recognized by KASE has
been determined when applying a simplified listing procedure in relation to
securities that have a primary listing on another stock exchange;
- some listing requirements have been optimized and specified, as well as the
requirement for financial statements of issuers provided by admission
initiators;
- It is possible, at the request of the issuer, to issue a preliminary opinion
on any securities included in KASE official list;
- the period for checking the compliance of securities and/or their issuer with
the listing criteria and/or requirements and requirements for documents
established by the Listing Rules when including securities in KASE official
list according to the full procedure has been reduced from 10 to five working
days.
In addition, procedural and editorial amendments have been made to the texts of
the said documents.
The updated texts of the documents will be published on KASE's Internet
resource at
https://kase.kz/en/kase_rules/ (tab "Listing").
[2024-09-30]