Kazakhstan Stock Exchange hosted the solemn market open ceremony for common shares of Air Astana JSC

Kazakhstan Stock Exchange Posted

On February 15, 2024, Kazakhstan Stock Exchange (hereinafter – the Exchange, KASE) hosted the solemn market open ceremony for common shares of Air Astana JSC (hereinafter – Air Astana) as part of the initial public offering (IPO), which was simultaneously held on the AIX platform and broadcast via a mutual teleconference.

The ceremony was attended by Chairperson of KASE’s Management Board Alina Aldambergen, Deputy Chairman of the ARDFM Mariya Khajiyeva, Deputy Chairman of the National Bank of the Republic of Kazakhstan Vitaliy Tutushkin, Deputy Chairman of the Board of the Central Securities Depository JSC Mikhail Grishko, Chairman of the Management Board of KASE Clearing Centre JSC Natalya Khoroshevskaya, Member of the Management Board – Deputy Chairman of the Management Board of Subsidiary organization of Halyk Bank of Kazakhstan “Halyk Finance” JSC Roman Asilbekov, Chairman of the Management Board of SkyBridge Invest JSC Sholpan Ainabaeva, President of the FlyArystan airline Adrian Hamilton-Munns and representatives of Air Astana JSC. Chairperson of KASE’s Management Board Alina Aldambergen, moderated the event.

At the event, Chairman of KASE’s Management Board Alina Aldambergen emphasized that the IPO of Air Astana’s common shares was a landmark and symbolized the high level of development of Kazakhstan’s capital market. This event will demonstrate important results for the republic and active interest from retail investors.

“Already today, trading in Air Astana shares will open on KASE. From the moment trading opens, investors will receive the entire range of KASE instruments for investing in Air Astana securities – the opportunity to conclude transactions with deferred settlements and partial collateral with a performance guarantee from the central counterparty and the opportunity to use these securities as high-quality collateral for transactions with other instruments, access to the repo market and the collateral pool of general collateral certificates,” said A. Aldambergen.

The local coordinator and joint bookrunner was Halyk Finance. The lead manager was Freedom Finance Global PLC. The joint managers were BCC Invest, First Heartland Jusan Invest and SkyBridge Invest.

For more details, follow the link:
https://lnkd.in/gqzKH8yC