OREANDA-NEWS. Kazakhstan Stock Exchange (KASE or the Exchange) announces that as part of implementing the government program "People's IPO" from November 5 to December 3, 2014 a primary offering of ordinary shares KZ1C34930012 (KZ1C00000959, KASE official list, first category, KEGC) of Kazakhstan Electricity Grid Operating Company "KEGOC" JSC (Astana, hereinafter – KEGOC) by way of subscription to them is being conducted in KASE trading system.

Subsidiary organization of Halyk Bank of Kazakhstan "Halyk Finance" JSC (Almaty, hereinafter – the Seller) will act the seller when conducting the subscription to the mentioned shares.

Number of shares being offered – 25,999,999 pieces. Price per share – KZT505. Code of security during subscription – KEGC.

Orders within the subscription will be accepted by the closed method on working days from 10:00 to 17:00 o'clock (Almaty time – ALT)/

Orders from investors will be collected by Exchange members until December 3 inclusive. The Exchange will collect aggregated orders from its members until December 9 inclusive.

The date of provision to the Seller of the register of orders collected by the Exchange – December 10, 2014. The date of provision to the Exchange of the register of accepted orders – December 15, 2014. The beginning date of settlements based on subscription results – December 18, 2014.

There are no limitations for buyers with regard to the maximum number of shares in submitted orders.

The following parties are admitted to the subscription:

1)market-maker in the person of the Seller;
2)individuals – citizens of Republic of Kazakhstan;
3)Single accumulative pension fund JSC (on account of pension assets).

All other categories of investors are not admitted to participation in the subscription.