The SPO of the Kazakh national company JSC "KEGOC" has been successfully completed

The Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market congratulates all participants of the SPO of KEGOC JSC: investors, issuer, underwriters, brokers, as well as the Kazakhstan Stock Exchange (KASE) and Astana International Exchange (AIX) on the successful implementation of this project.

It should be noted that most investors placed their applications on the KASE platform, which ranks second among the CIS exchanges in terms of securities trading volume. Within the framework of this SPO, 18.7 billion tenge was attracted to KASE, which is 82.4% of the total placement volume.

In total, 37,445 applications totaling 28.8 billion tenge were received from investors during the subscription to KEGOC common shares on KASE. Of these, 43.9% of applications were submitted by individuals with a volume of 12.6 billion tenge, 50.3% (14.4 billion tenge) – from institutional investors represented by insurance organizations, second–tier banks and brokers, and 5.8% (1.7 billion tenge) - from legal entities. Demand to supply on KASE amounted to 127%.

The holding of the KEGOC SPO is a significant event for the development of the domestic stock market of Kazakhstan and the economy as a whole, the success of which is the result of the coordinated work of all stakeholders: the state, the issuer, the companies that organized the issue.

 

Agency's External Communications Division

+7 (727) 237 1089, press@finreg.kz