OREANDA-NEWS. August 24, 2010. Kazakhstan Stock Exchange (KASE) held in its trading system a trade to place common shares KZ1C24120012 (KASE, second category, BSUL) of Kostanay-based Bayan Sulu, reported the press-centre of KASE.

The brokerage is Kazkommerts Securities (Kazkommertsbank's subsidiary).

The traders were offered 4,466,667 shares (4.5 % of outstanding common shares of Bayan Sulu).

The minimum lot was 10,000 shares.

Orders were submitted by the closed method 11:30 a.m through 15:00 p.m. Almaty time (ALT). The acceptance method for limit orders for purchase - declared price, market orders - striking price. 15 % orders were accepted. Settlement schemes - Т+0.

Three KASE members traded, submitting five orders, of which at the end of order submission, only three orders remained active for purchase of 4,460,000 shares. Accordingly, bid reached 99.9 % of ask. Prices in submitted active orders equaled to KZT605.00, KZT607.00 and KZT608.00.

Pension funds constituted for 85.2 % orders, clients of brokerage and dealer companies - 14.8 %.

According to results of trade all active orders were accepted. KZT699,870,000.00 was raised.

According to the Central Securities Depository all deals were executed as at the moment of release of this information.