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07.02.2024

Air Astana announces expected final IPO share price

Bids will close tomorrow, 8 February

On 7 February 2024, Air Astana, the largest airline group in Central Asia and the Caucasus, announced the expected final IPO share and GDR price. According to a news release, the price per depositary receipt will be USD 9.5, while one common share will be worth USD 2.38, at the NBK exchange rate as of 8 February. The final price will be determined on 8 February, the closing date for IPO bids. The closing will take place at 11:00 am Astana time on AIX and KASE.

Please be kindly reminded that Halyk Bank's customers can apply to purchase the required number of any securities during the book-building period. To do this, future investors only need to:

  • go to Halyk Invest of Halyk app;
  • sign an online application for accession to the brokerage agreement;
  • replenish the automatically created investment account;
  • open the IPO and SPO tab in Buy section;
  • select the required company/instrument to participate in the IPO
  • submit the application and wait for possible allocation.