2019-11-29_02_Market Notice Timeline and information related to the Book-building, allocation and cash – settlement of the Altyn Public Limited Company’s Bonds

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2019-11-29_02_Market Notice Timeline and information related to the Book-building, allocation and cash – settlement of the Altyn Public Limited Company’s Bonds

Market Notice AIX Book-building announcement –pdf

This Market Notice is to replace Market Notice 2019-11-28_02 with the following:

AIX hereby informs Market Participants and Custodians of the timeline for the Book-building, allocation and cash – settlement of the Altyn Public Limited Company’s Bonds:

Process Action Taker Description Duration
Sending orders into the AIX Trading system (book-building period) Market Participants and Custodians Market Participants and Custodians are requested to send bids with “GTC” duration.

4-6 December 2019

09:00 – 18:00

Providing Investors’ information Market Participants and Custodians The bid orders of Market Participants and Custodians must contain the investors’ information

4-6 December 2019

09:00 – 18:00

Transfer Investors’ funds to the AIX CSD bank Account Market Participants and Custodians Market Participants and Custodians must deposit / transfer to the Book-Build Settlement Account amount sufficient to cover the total sum of the potential submitted bids Funds must be on AIX CSD bank account no later than 18:00 on 6 December 2019
Excess cash transfer AIX CSD If applicable and requested, the AIX CSD transfers any excess cash back to the Trading Members’ bank accounts By Market Participants and Custodians’ requests
Book-building allocation and pricing announcement AIX/ Lead Manager AIX based on information provided by the lead manager to announce the final price and allocation to participants 9 December 2019
Debt distribution AIX CSD The AIX CSD moves the bonds to the investors’ accounts at the AIX CSD 10 December 2019
The start day of a secondary trading of securities AIX The Trading of the security will be started 11 December 2019

Please note, for cash transfers to the Book-build settlement bank, Market Participants and Custodians must send in one aggregated transfer all monies received by their customer at the time of the transfer and not yet remitted to the AIX CSD Book-build settlement bank.

By participating in the Book-Building, the AIX Market Participants and Custodians explicitly consent to provide to the Issuer through the Lead Manager the identity of the investors (who have submitted their orders through Market Participants and Custodians) and undertake that they have received from such investors the authorisation to provide this information to the Issuer, Lead Manager and AIX.

By participating in the Book-Building, the AIX Market Participants and Custodians accept that the Issuer and Lead Manager may, at its sole discretion, refuse to allocate securities under any order for any reason. Participating Market Participants and Custodians undertake to convey this information to their clients and receive their approval prior to these clients submitting bids.

By participating in the Book-Building, the AIX Market Participants and Custodians accept that final distribution of the bonds may differ from the allocation in case of a shortfall in funding by uncovered bids.

Please contact AIX CSD, +77172 235 317 / +77172 235 302, or email, ptd@aix.kz, for additional settlement and allocation information.

Please contact AIX Market Operations Department by phone, +77172 647300, or email, MktOps@aix.kz, for additional trading information.