On January 22, KASE suspended trading in preferred shares KZ0009094645 (KZTNKp) of Kazakhtelecom due to 33.09 % decrease in price

22.01.25 19:06
/KASE, January 22, 2025/ – Today at 11:44 Astana time, Kazakhstan Stock Exchange (KASE) suspended the trading in preferred shares KZ0009094645 (KASE main market, "premium" category, KZTKp) of Kazakhtelecom JSC due to a 33.09 % decrease in their price. Trading has been suspended in accordance with subitem 1) of item 2 of Article 25 of KASE's internal document "Rules for execution of exchange activities" (the Rules), according to which KASE suspends trading when the price of shares listed on KASE official list in the "Premium" category decreases by 30 percent or more relative to the price formed at the close of the trading day preceding such decrease. In this case, the suspension of trading is carried out in KASE's trading system in the main trading modes automatically. The decision to resume trading in the specified shares will be made on the basis of item 7 of Article 25 of the Rules. The price of the last executed transaction with KZTKp, concluded on January 21, 2025, was 41,100.00 tenge per share. Trading in KZTKp was suspended on January 22, 2025 after a transaction with them was concluded at a price of 27,500.00 tenge per share. [2025-01-22]