Common shares of PAVLODARENERGOSERVICE JSC (Kazakhstan) pass listing procedure at KASE under "A" category

23.12.05 17:20
/KASE, December 23, 05/ - By the decision of Kazakhstan stock exchange's (KASE) Council dated December 22 of 2005 common shares KZ1C33660016 of PAVLODARENERGOSERVICE JSC (Pavlodar) have been included in KASE's official "A" listing category under PDES symbol. Date, on which the decision will take effect, will be announced later after the issuer pays the listing fee for these securities (listing agreement between the issuer and KASE has been made already). Information about opening of trades in the shares on KASE will also be given later. Halyk savings bank of Kazakhstan JSC (Almaty) acted as the issuer's financial consultant to bring the shares to the organized market. The first issue of PAVLODARENERGOSERVICE JSC's common shares consisting of 1,057,000 unites with total face value of KZT1,057.0 m. was registered by National securities commission on June 18 of 1998. On July 26 of 1999 National securities commission along with annulling the first issue registered the second issue of the company's common shares consisting of 1,008,200 units with total face value of KZT1,008.2 m. On February 10 of 2004 Kazakhstan Agency for financial market and financial organizations regulation and supervision replaced certificate about the state registration of the second share issue of PAVLODARENERGOSERVICE JSC. The issue was included in the State securities register under А3366 number. As of October 1 of 2005 the company offered 1,008,200 common shares for a total of KZT1,008.2 m. Shareholders register is maintained by Registration system of securities JSC (Almaty). Primary activity of PAVLODARENERGOSERVICE JSC is transfer and distribution of electrical power in Pavlodar oblast. Detailed information about the securities and their issuer will be available on KASE's web-site after the mentioned decision takes effect. [2005-12-23]