/REPETITION/ SPECIAL TRADE ON PREFERRED SHARES KZ1P51460114 (RDGZP) OF EXLPORATION AND PRODUCTION KAZMUNAIGAS (KAZAKHSTAN) TO BE HELD MARCH 11-APRIL 9
/KASE, March 10, 10, March 5, 10 news repetition/ - Kazakhstan Stock
Exchange (KASE) informed a special trade on preferred shares
KZ1P51460114 (KASE, third category, RDGZp) of Exploration and
Production KazMunaiGas (Astana) will be held in the KASE trading system
March 11 through April 9, 2010.
VISOR Capital (Almaty) will be a buyer of securities.
The total number of authorized and offered preferred shares of Exploration and
Production KazMunaiGas is 4,136,107. The buyer is intending to purchase
up to 100 % of authorized and offered securities.
The trade will be held in the KASE trading system beginning 11:30 a.m.
Almaty time (ALT) March 11 through 16:00 p.m. ALT April 9, 2010. The
ticker is RDGZpA. The buyer will decide on striking before 16:30 p.m. ALT
April 9. The settlement will be made April 14, 2010 (Т+3) in accordance with
the rules of Central Securities Depository (Almaty).
On the settlement day sellers must provide securities available at their accounts
with the Central Securities Depository by the moment of order acceptance. The
buyer must provide the money available in return for the acquired securities at
the corresponding account with the Central Securities Depository before the
settlement day.
Only limit orders submitted to the KASE trading system in the closed way will
be accepted.
As the price the order will indicate share price in the tenge within the second
decimal place. The number of financial instruments in the order must be equal
to the number of selling shares. The order volume must be equal to a product of
selling shares and one share price.
Orders will be accepted - at striking price. At that the buyer may accept all
orders, prices of which equal to striking price or less than this price.
To take part in the trade the sellers must guarantee that securities proposed for
sale are not limited in circulation by virtue of any agreement or legislation, and
not pledged or charged, and also, there are available permits and agreements
in accordance with the applicable legislation, including permits and agreements
of state agencies in accordance with the Kazakhstan legislation in regard of
their carve-out.
Only KASE stock market members may take part in the trade (eligible to trade
securities circulating on KASE). Other investors may trade through such legal
entities.
The full list of stock market members is available at
http://www.kase.kz/en/membership
The special trade on acquisition of preferred shares of Exploration and
Production KazMunaiGas will be held March 9 and 10, 2010.
Details on the issue of the securities will be available at the KASE website at
http://www.kase.kz/en/shares/show/RDGZp
[2010-03-10]