/KASE, June 14, 2016/ – As of June 14, 2016, Kazakhstan Stock Exchange
(hereinafter – KASE) Committee on Indices and Securities Valuation by its
decision of June 13, 2016 defined new restrictive and adjustment coefficients
to calculate KASE Index.
The changes were made based on sub-clauses 2) and 3) of clause 1 of Article 7
of the Methodology of stock market indicators calculation following a change in
the free-float and number of outstanding common shares KZ1C33870011
(KZ000A0LE0S4, HSBK) of Halyk Savings Bank of Kazakhstan (Almaty).
The table below shows new share parameters and those effective before June 14
influencing the KASE Index value.
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Effective from June 14, 2016 Effective before June 14, 2016
-------------- ------- ----------- -------------- ------- ------------
number of free restrictive number of free restrictive
outstanding float coefficient outstanding float coefficient
Ticker shares (Fi), % (Ri) shares (Fi), % (Ri)
------- -------------- ------- ----------- -------------- ------- ------------
CCBN 162,456,800 26.6 1.0000000 162,456,800 26.6 1.0000000
GB_KZMS 458,379,033 57.0 0.1687827 458,379,033 57.0 0.1353890
HSBK 10,995,599,212 26.5 0.2839112 10,911,062,620 26.6 0.3264024
KCEL 200,000,000 25.0 0.5601976 200,000,000 25.0 0.5786259
KEGC 260,000,000 10.0 1.0000000 260,000,000 10.0 1.0000000
KZTK 10,707,323 23.0 1.0000000 10,707,323 23.0 1.0000000
KZTO 384,635,599 10.0 0.9102613 384,635,599 10.0 0.8502021
RDGZ 67,693,075 36.3 0.0844576 67,693,075 36.3 0.0986042
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In addition, following the mentioned Committee on Indices and Securities
Valuation decision as of June 14, 2016 the new adjustment coefficient (K)
value – 1.6178561 shall be used to calculate KASE index. Before the said date
the K equaled to 1.5973395.
NOTES TO TABLE
KASE Index – KASE share market index, showing change of prices of shares
listed on the representative list for calculation of the index with account to
capitalization of issuers and number of free floating shares (free float). One
stock may not exceed 15 % weight in the index. KASE Index is calculated within
a trading day as deals in the representing stocks are concluded. In case no
deals, parameters of which are required for calculation of the KASE Index were
made in the stock during a trading day, for purposes of such calculation,
results of the last resultant trading session will be used.
The Methodology of index calculation is regulated by the KASE internal document
"Methodology of Stock Market Indicators Calculation", available at the KASE
website at:
http://www.kase.kz/files/normative_base/indicators_met_eng.pdf
The page on the index is available at:
http://www.kase.kz/en/index_kase
Ticker shows: issuer code of security trading on KASE (first 4 symbols, –
common share code); share category (if the fifth symbol is "p", preferred
share); share issue order number (if required, the sixth symbol is a digit).
Issuers code: CCBN – Bank CenterCredit JSC; GB_KZMS – KAZAKHMYS PLC; HSBK –
Halyk Savings Bank of Kazakhstan JSC; KCEL – Kcell JSC; KEGC – Kazakhstan
Electricity Grid Operating Company "KEGOC" JSC (KEGC); KKGB –
Kazkommertsbank JSC; KZTK – Kazakhtelecom JSC; KZTO – KazTransOil JSC;
RDGZ – KazMunaiGas Exploration Production JSC.
Number of outstanding shares – parameter, which is determined independently
by KASE on the basis of listing company share register extract data or
information provided by the company as a number of outstanding shares of a
listing company net of those redeemed. KASE is taking into account the number
of outstanding shares, which is confirmed by documents available on KASE.
Free float (Fi), % – parameter, determined by KASE as a number of shares not
owned by the state, issuer management and shareholders owning five or more
percent of common shares of the issuer, except for shareholders in regard of
which the Risk committee made a decision that such shareholders shall not be
deemed as strategic (institutioanl investors, nominal holders, and entities
performing functions of settlement service etc.).
Restrictive coefficient (Ri) – parameter limiting weight of influence of one
stock on index value to fifteen percent.
[2016-06-14]