OREANDA-NEWS. January 25, 2010. Kazakhstan Stock Exchange (KASE) informed special trades were held in the period December 22, 2009 through January 20, 2010 in the KASE trading system to acquire preferred shares KZ1P05020113 (KASE, third category, MMGZp) of Mangistaumunaygas (Almaty), reported the press-centre of KASE.

VISOR Capital (Almaty) was a buyer.

The total volume of authorized and outstanding shares of Mangistaumunaygas is 1,089,460. The buyer was intending to buy up to 100 % of the volume.

Eight KASE members took part in the trade, submitting 32 orders, of which 22 remained active through the end of the trade for sale of 50,701 preferred shares. The order price varied from KZT3,000.00 to KZT68,000.00 a share. All orders were submitted by clients of brokerage and dealer companies.

The buyer accepted four orders for sale of 5,395 preferred shares at KZT3,593.35 a share. The total purchase price is KZT19,386,123.25 (USD131,031.59 at the current exchange rate).

The deals will be settled on January 27, 2010 (Т+5).