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Applications Are Now Open to Subscribe to IPO Shares Offered by JSC NC “KazMunayGas”

10.11.2022

On 9 November 2022, the trading systems of the Kazakhstan Stock Exchange and Astana International Financial Centre Exchange began accepting applications for subscription to the common IPO shares offered by JSC NC “KazMunayGas” (KMG). Applications will close on 30 November 2022 at 18:00, Astana time, for institutional investors and on 2 December 2022 at 15:00, Astana time, for retail investors.

The joint coordinators and book-runners of KMG's IPO, namely BCC Invest JSC, Freedom Finance JSC, Halyk Finance JSC and SkyBridge Invest JSC, have published analytical reviews of KMG’s IPO:

Freedom Finance JSC: KazMunayGas: Oil Rent Income for Kazakhstan Citizens

BCC Invest JSC: JSC NC “KazMunayGas” (KMG): Capitalisation on Raw Material Potential

Halyk Finance JSC: JSC NC "KazMunayGas": Recommendation to Buy

SkyBridge Invest JSC: KMG’s IPO: The Story Unfolds

Let us recall that on 7 November 2022, Samruk-Kazyna JSC (the Fund) and KMG announced their intention to make the initial public offering, thereby the Fund intends to offer for sale up to 30,505,974 shares, which amounts to 5 % of the total number of allotted shares (up to 610,119,493 shares).

The price per share is 8,406 tenge.

JSC NC KazMunayGas

On 9 November 2022, the trading systems of the Kazakhstan Stock Exchange and Astana International Financial Centre Exchange began accepting applications for subscription to the common IPO shares offered by JSC NC “KazMunayGas” (KMG). Applications will close on 30 November 2022 at 18:00, Astana time, for institutional investors and on 2 December 2022 at 15:00, Astana time, for retail investors.

The joint coordinators and book-runners of KMG's IPO, namely BCC Invest JSC, Freedom Finance JSC, Halyk Finance JSC and SkyBridge Invest JSC, have published analytical reviews of KMG’s IPO:

Freedom Finance JSC: KazMunayGas: Oil Rent Income for Kazakhstan Citizens

BCC Invest JSC: JSC NC “KazMunayGas” (KMG): Capitalisation on Raw Material Potential

Halyk Finance JSC: JSC NC "KazMunayGas": Recommendation to Buy

SkyBridge Invest JSC: KMG’s IPO: The Story Unfolds

Let us recall that on 7 November 2022, Samruk-Kazyna JSC (the Fund) and KMG announced their intention to make the initial public offering, thereby the Fund intends to offer for sale up to 30,505,974 shares, which amounts to 5 % of the total number of allotted shares (up to 610,119,493 shares).

The price per share is 8,406 tenge.

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