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2020-06-08_01 Market Notice AIX Book Building Instruction for Retail Investors

2020-06-08_01 Market Notice AIX Book Building Instruction for Retail Investors

Updated timeline and information related to the book-building, allocation and cash – settlement of the Sale of the Shares and the Global Depositary Receipts (GDRs) of the JSC “National Atomic Company “Kazatomprom” (“the Sale on the AIX”) pdf

This Market Notice is to update the Market Notice 2020-06-03_05 as following:

AIX hereby informs Market Participants of the timeline for the book-building, allocation and cash – settlement of the Sale of the Shares and Global Depositary Receipts (GDRs) of JSC “National Atomic Company “Kazatomprom”:[1]

Process

Action Taker

Description

Time

Sending orders into the AIX Trading system

Market Participants

Market Participants are requested to send bids with “GTC” duration.

15:40 03/06/2020

– 16:00 08/06/2020

Nur-Sultan time (NST)

Providing Investors’ information

Market Participants

The bids of Market Participants must contain the investors’ information (NIN number)

Book-building period

Sending the Order Book

AIX

Final bid file with investor names sent to Lead Manager / Book-runner.

08/06/2020 until 16:30 NST

Allocation process

AIX coordinator and bookrunner

AIX coordinator and bookrunner provides to the AIX CSD with the list of successful investors and their respective allocations

08/06/2020, no later than 23:00 NST

Transfer Investors’ funds to the Book-Build Settlement Account

Market Participants

Market Participants must deposit / transfer to the Book-Build Settlement Account a sufficient amount to cover the total sum of the bids submitted by such Trading Member.

Not later 16.00 NST on 09/06/2020, T+1 funds must be on AIX CSD bank account

Shares and GDRs distribution

AIX CSD

The AIX CSD credits Shares and GDRs to the investors’ accounts at the AIX CSD

10/06/2020, T+2

Shares and GDRs distribution confirmation

AIX CSD

The AIX CSD sends to each Trading Member a file with the allocation of their respective clients

10/06/2020, T+2

Excess cash transfer

AIX CSD

If applicable, the AIX CSD transfers any excess cash back to the Trading Members’ bank accounts

By Trading Members’ request


[1] This timeline shall not be applicable to the joint global and joint bookrunners of the AIX placing, which is regulated by a separate agreement between the Parties.

Only Retail Investors who are citizens of the Republic of Kazakhstan will be allowed to participate in the Sale on the AIX. Market Participants will be restricted to submit Buy Order received only from Retail Investors who confirmed their citizenship of the Republic of Kazakhstan. By participating in the Book-Building, the AIX Trading Members accept that the Seller Shareholder (through the AIX Coordinator and Bookrunner) will refuse to allocate securities to non-Retail Investor. Participating Trading Members undertake to convey this information to their clients and receive their approval prior to these clients submitting bids.

Please note, for cash transfers to the Book-build settlement bank, Market Participants 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.

Market Participants submitting orders in the Book-build should take note that the allocation (if any) of the securities under any bid will be made within the number of securities specified in such bid.

By participating in the Book-Building, the AIX Trading Members explicitly consent to provide to the Seller Shareholder through the AIX Coordinator and Bookrunner the identity of the investors (who have submitted) and undertake that they have received from such investors the authorisation to provide this information to the Seller Shareholder and the AIX.

By participating in the Book-Building, the AIX Trading Members accept that the Seller Shareholder (through AIX Coordinator and Bookrunner) may, at its sole discretion, refuse to allocate securities to any bid for any reason.  Participating Trading Members undertake to convey this information to their clients and receive their approval prior to these clients submitting bids.

The Trading member who fails to meet its settlement obligations upon their bookbuilding bid in a timely manner by failure to deliver cash shall take responsibility under the AIFC Law. By participating in the Book-Building, the AIX Trading Members accept that final distribution of the Shares and GDRs 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, [email protected], for additional settlement and allocation information. Please contact AIX Market Operations by phone, +77172 647300, or email, [email protected], for additional trading information.

For the avoidance of doubt, the Parties acknowledge that terms the “AIX Coordinator and Bookrunner” and “Joint Global Coordinator and AIX Bookrunner” are used in this Agreement for convenience only; AIX is not associated with “AIX Coordinator and Bookrunner” and “Joint Global Coordinator and AIX Bookrunner” and AIX shall not be liable for any actions or omissions made by these entities.