KASE did not remove bonds KZ2C0Y05B830 (KZ2C00001014, TKUDb1) of Ore Mining and Processing Enterprise Tort-Kudyk from official list due to proposed change in parameters

09.11.11 16:06
/KASE, November 9, 11/ - Kazakhstan Stock Exchange (KASE) Management Board decided not to remove bonds KZ2C0Y05B830 (KZ2C00001014, KASE official list, second sub-category of Non-Rated Debt Securities category, TKUDb1; KZT1,000, KZT2.0 bn, November 3, 2006 - November 3, 2011; semi-annual coupon indexed at inflation rate, 13.60 % APR in the last coupon period; 30/360) of JSC Ore Mining and Processing Enterprise Tort-Kudyk (Astana) from the exchange's official list, but to suspend trading in the said bonds until presenting to KASE registered changes to the issue prospectus, including those relating to extension of the bonds' circulation term. The reason for this decision are regulations of item 6, article 18-2 of Act "On the Stock Market" (hereinafter - the Act), according to which placement and circulation of bonds: - is suspended starting from the date of holding a general meeting of bondholders with regard to changing data in the bonds issue prospectus indicated in sub-items 4-2), 8 and 9 of item 1 of article 9 of the Act, until the date following the day of publication in media of the decision taken at the meeting, - and is extended until the day following the date of state registration of changes to the issue prospectus, in case of bondholders taking a decision on changing issue parameters, indicated in sub-items 4-2), 8 and 9 of item 1 of article 9 of the Act. We remind you that according to the bonds' issue prospectus, their last circulation day is November 2, 2011. At the same time KASE possesses a copy of the minutes of a general meeting of the bondholders dated November 1, 2011 where it was decided to change their issue parameters, including extension of the bond's circulation term. The said minutes are published today on its website at http://www.kase.kz/files/emitters/TKUD/tkud_resh_011111.pdf [2011-11-09]