OREANDA-NEWS. Kazakhstan Stock Exchange (KASE or the Exchange) announces that from July 5 to 18, 2016 initial offering of ordinary shares KZ1C60260011 (KZ1C00001288, KASE official list, second category, AKZM) of Aktobe Steel Production Plant (Aktobe) will be conducted in KASE trading system by way of subscription to them.
Freedom Finance (Almaty, hereinafter – the Seller) will act as seller during the subscription to the mentioned shares.

Number of shares being offered – 61,352 pieces.

Shares offering price – KZT11,177 per share.

Orders collection under the subscription will be conducted from July 5 to 18, 2016 on business days from 10:00 am to 5:00 pm ALT. Code of security during subscription – AKZM. During the subscription only limited orders submitted to KASE trading system by the closed method will be accepted.

No restrictions have been set for buyers regarding the maximum number of shares in orders submitted according to the subscription terms.

The date of provision to the Seller of the register of orders collected by the Exchange – July 19, 2016, the date of provision to the Exchange of the register of executed orders by the Seller – July 20, 2016; the settlement date – July 21,2016.

Settlements are carried out by the Central Securities Depository JSC. Buyers of securities must ensure availability of money in payment for securities bought at their accounts in Central Securities Depository by 09:00 Amaty time on March 27, 2015.

Orders for participation are submitted only through KASE stock market members.