/KASE, December 24, 2024/ – On December 24, 2024, the Listing commission of
Kazakhstan Stock Exchange (KASE) decided to transfer common shares
KZ1C00001429 (SKSL) of Life Insurance Company "Standard Life" JSC (Almaty)
from the "standard" category of the main market to the "shares" sector of the
alternative market of KASE official list.
This decision of the Listing commission comes into effect on December 25, 2024.
In the conclusion of KASE dated December 23, 2024, it was noted that, based on
the results of an inspection of Life Insurance Company "Standard Life" JSC and
its specified shares for compliance with the criteria and requirements
established by the internal document of KASE "Listing Rules" for inclusion of
securities on the "Main" market of KASE official list and their quotation on
the said market, non- compliance of the company with the criterion for sales
volume (revenue, income from core activities) was detected.
More detailed information about the issue of these shares is published at
https://kase.kz/en/shares/show/SKSL/
[2024-12-24]