KASE Completed Its Shares Offering
OREANDA-NEWS. March 04, 2011. As previously informed, on October 28, 2010K Kazakhstan Stock Exchange (KASE) Board of Directors decided to increase the exchange authorized capital by KZT315,095,000 through offering among the exchange shareholder of 85,000 common shares of KASE at KZT3,707.00 per share to, reported the press-centre of KASE:
- in compliance with legal requirements of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations for an authorized capital minimum size,
- creation of own reserve funds on the futures market and for Т+3 settlements,
- procurement of fixed assets.
By this offering results that has completed on February 16, 2011, the exchange authorized capital increased by 2.6 times to KZT517,290,582.
At present the number of offered common shares makes up 544,999 units, shareholders number - 63.
The KASE principal shareholders are RFCA whose stake, according to the offering results, increased from 12.27 to 13.75 % and Centras Capital, whose stake increased from 8.01 to 8.33 %.
Details on KASE shareholders is available on KASE website at http://www.kase.kz/en/shareholders
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