OREANDA-NEWS.  January 14, 2013. Kazakhstan Stock Exchange (KASE) informs that the special trading session to place common shares KZ1C54620014 (KZ1C00000553, KASE official list first category, SATC) of SAT & Company (Almaty) will be held in KASE trading system on January 17, 2012, reported the press-centre of KASE.

BCC Invest - Subsidiary of Bank CenterCredit (Almaty) will act as the seller at the special trades.

At present, the total volume of common shares of SAT & Company is 1,200,820,395 units. The seller intends to sell 15,000,000 of mentioned shares (1.25 % from the total number of offered common shares).

The special trades will be held in the KASE trading system from 01:30 p.m. to 03:00 p.m. (Almaty time) (ALT). The security ticker at the trading session - SATC.

The seller will define the cut-off till 04:00 p.m. ALT of the day of trades.

Settlements will be made by Central Securities Depository in compliance with its rules. The buyer of securities must ensure availability of money payable for securities bought in the correspondent account at Central Securities Depository at 04:00 p.m. ALT (Т+0).

Only limited and market orders submitted to KASE trading system by the closed method will be accepted. The market orders acceptance rate - 70 %.

As the price an order will indicate one share price, expressed in tenge accurate within the second decimal. The number of financial instruments in an order must be equal to the number of shares being purchased. The volume of an order must be equal to the production of the number of shares being bought and price per share.

The method of orders for purchase acceptance - at the cut-off price. The seller may satisfy all orders, prices of which are equal or higher than  the cut-off price.

Only KASE stock market members may submit application for participation in the trades. Other investors can submit orders through those legal entities.