OREANDA-NEWS.  Kazakhstan Stock Exchange (KASE) informs that trades on selling of the state block of shares (SBS) of JSC "Airline Company "Zhezkazgan-Air" (Zhezkazgan) open in KASE trading system from August 29, 2012, reported the press-centre of KASE.

The initiator of trades - Committee of State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan.

Authorized SBS sales broker - JSC "CAIFC Investment Group" (Almaty).

The SBS consists of 103,378 common shares KZ1C22330019 and it will be put up for sale in a single lot under code NZ_ZHEZ.

According to a certificate of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations of state registration of securities issue of July 7, 2004 the issue of authorized shares of JSC "Airline Company "Zhezkazgan-Air" was divided into 103,378 common shares KZ1C22330019 and 11,846 preferred shares KZ1P22330115. The issue has been registered in the State Registry of serial securities under No. А2233.

The trades shall be executed by the continuous counter auction method from August 29 to December 30, 2012. Trades shall be executed daily from 11:30 to 17:00 o'clock Almaty time.

The guarantee fee has been set at KZT20,675,600.

In order to participate in the trades, a prospective buyer should transfer to KASE correspondent account prior to the trade's beginning a guarantee fee to the following bank address: correspondent account # KZ86125KZT1001300137 at the Department of Registration of Monetary Transactions  (OOKSP) of the National Bank of the Republic of Kazakhstan, BIC NBRK KZ KX, BIN 931240000220, TRN 600200049149, beneficiary code 15, payment's purpose code - 171 (under under GROSS-system).

SBS must be quoted by buyers in Kazakhstan tenge per share of a block of shares accurate within the second decimal.