Astana International Exchange (AIX) is pleased to announce that trading in shares of JSC NAC “Kazatomprom” (Kazatomprom) and conditional trading of Global Depository Receipts of “Kazatomprom” has been commenced on its platform today.
It is planned to commence unconditional trading in the Global Depository Receipts of “Kazatomprom” on or about the 19th November 2018.
Kairat Kelimbetov, The Governor of AIFC said at the AIX Market Opening ceremony:
“The IPO of Kazatomprom on the AIX platform is a remarkable event not only for the Astana International Financial Centre, but also for the development of the capital market in Kazakhstan. This IPO is the first of many listings of the national companies within the state privatisation programme on AIX platform.”
Akhmetzhan Yessimov, JSC Samruk-Kazyna CEO, commented:
“Within the framework of the comprehensive privatisation plan, six companies of Samruk-Kazyna Fund will go to IPO/SPO. This is a new stage in the development of the national companies of Kazakhstan. In accordance with the Fund development strategy for 2018-2028, our goal is to increase the efficiency of our companies and to improve management of our assets. Privatisation is one of the tools for achieving this goal.”
Galymzhan Pirmatov, Chairman of the Board of JSC NAC Kazatomprom:
“We had a successful IPO, confirming the status of the world leader of the uranium industry and became the first company listed on the international stock exchange Astana. Local and international investors have shown great interest to our company. Our new shareholders include Kazakhstani investors and leading international investment funds. We are ready to share the success and future of the company with our new shareholders and lead the company to new stages of development for the benefit of our country!”
Timothy Bennett, CEO of AIX, commented:
“AIX has world class regulation and systems, but also has shown, through listing GDRs and shares for Kazatomprom, that it can innovate in order to match the needs of issuers and investors. AIX is integrating the Kazakh and offshore markets through the dual listing of shares and GDRs and having CICC and other international brokers as members, AIX is investing for the future – not the past, of the capital markets in Kazakhstan.”
Reference:
AIFC. The AIFC was established on the initiative of the President of the Republic of Kazakhstan Nursultan Nazarbayev. In December 2015 President Nazarbayev approved the Constitutional Statute “On the Astana International Financial Centre” (AIFC). The aim of the AIFC is to establish a leading international centre for financial services. The objectives of the AIFC are to attract investment into the economy through the establishment of an attractive environment for investment in financial services, develop local capital markets, ensuring their integration with the international capital markets. www.aifc.kz
AIX. Astana International Exchange (AIX) was formed in 2017 as part of the development of the Astana International Financial Centre, AIFC. AIX’s shareholders include AIFC, Goldman Sachs, Shanghai Stock Exchange, the Silk Road Fund and NASDAQ, which also provides AIXs trading platform. www.aix.kz
Mondo Visione, 14/11/2018
