KASE Informs on Trades on Airport of Almaty Shares
OREANDA-NEWS. April 08, 2011. Kazakhstan Stock Exchange (KASE) informs that on April 11, 2011 in the KASE trading system will be held specialized trades to acquire common shares KZ1C32600013 (KASE official list third category, ARAL) of International Airport of Almaty (Almaty), reported the press-centre of KASE.
At present, the total number of authorized common shares of International Airport of Almaty makes up 100,000 units, offered - 78,414 units. The buyer intends to buy up to 100 % from offered shares.
The minimum lot at trades is set in the size of 1 share.
Specialized trades will be held in the KASE trade system from 11:30 a.m. till 14:00 p.m. of Almaty time (ALT). The security code on trades is ARALA. The cut-off will be determined by the issuer till 14:30 ALT of trades execution day. Settlements will be made on April 14, 2011 (Т+0) in compliance with rules of Central Securities Depository (Almaty).
On the settlements day sellers must ensure securities on their accounts in Central Securities Depository as of 10:00 a.m. ALT. The buyer of securities must ensure funds availability on the correspondent account in Central Securities Depository as of 10:00 a.m. ALT of the settlements day.
Only limited orders are admitted to trades, submitted to the KASE system by the closed method.
As the price the order must indicate the share price in tenge accurate within the second decimal. The number of financial instruments in the order must equal the number of being sold shares. The order volume must equal the product of number of being sold shares and price per share.
The selling orders satisfaction method - at declared price. At this the buyer can satisfy all orders with prices equal or less than this price.
Orders can be submitted only by KASE stock market members. Other investors can submit their orders through these legal entities.
The full list of KASE stock market members is available on KASE website at http://www.kase.kz/en/membership
Details on mentioned shares issue is available on KASE website at http://www.kase.kz/en/shares/show/ARAL
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