REG - Citigroup Global Mkt Air Astana JSC - Air Astana IPO / Partial Greenshoe Option Exercise

BAE SystemsAnnouncement

11/03/2024 08:15

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RNS Number : 2409G  Citigroup Global Markets Limited  08 March 2024

8 March 2024

 

 

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INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER
JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

Air Astana Joint Stock Company

 

Partial Exercise of the Greenshoe Option

 

In connection with the initial public offering of Air Astana Joint Stock
Company, Citigroup Global Markets Limited acting as Stabilisation Manager
announces that it has partially exercised the Greenshoe Option for 654,266
GDRs of the Company out of the up to 2,128,146 option GDRs granted by BAE
Systems (Kazakhstan) Limited. The purchase price of the option GDRs is U.S.$
9.50 per GDR, equal to the offer price in the Offering, for an aggregate
consideration of approximately U.S.$ 6.2 million. Settlement of the Greenshoe
Option will take place on 13 March 2024.

 

 

Post-Stabilisation Period Announcement

 

Further to the pre-stabilisation period announcement dated 9 February 2024 and
mid-stabilisation period announcement dated 15 February 2024, Citigroup Global
Markets Limited (Contact: Naveen Mittel +44 20 7986 2175) hereby gives notice
that, during the period covered by this announcement, stabilisation measures
were carried out (within the meaning of Article 3.2.(d) of the Market Abuse
Regulation (EU/596/2014), as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018) in relation to the offer of the
following securities, as set out below.

 

 Securities:
 Issuer:                       Air Astana Joint Stock Company
 Guarantor (if any):           N/A
 Aggregate nominal amount:     Global Depositary Receipts ("GDRs") are denominated in U.S.$ with no nominal
                               or par value.

                               The offering size is 14,187,643 GDRs, excluding the over-allotment option.
 Description:                  GDRs representing common shares of the Issuer, with one GDR representing an
                               interest in four common shares.

                               ISIN for Regulation S GDRs: US0090632078

                               ISIN for Rule 144A GDRs: US0090631088
 Offer price:                  U.S.$9.50 per GDR
 Stabilisation Manager:
 Name:                         Citigroup Global Markets Limited, Citigroup Centre, Canada Square, Canary
                               Wharf, London E14 5LB, United Kingdom
 Stabilisation:
 Stabilisation started:        9 February 2024
 Stabilisation last occurred:  8 March 2024
 Stabilisation trading venue:  London Stock Exchange (Main Market)

 

 

 

 Execution Date  Quantity   Price        Price Currency  Stabilisation Trading Venue
 09-Feb-24       1,350,000  8.90 - 9.50  USD             London Stock Exchange (Main Market)
 12-Feb-24       44,877     9.05 - 9.44  USD             London Stock Exchange (Main Market)
 13-Feb-24       25,563     9.30 - 9.50  USD             London Stock Exchange (Main Market)
 14-Feb-24       6,009      9.50         USD             London Stock Exchange (Main Market)
 08-Mar-24       47,431     9.35 - 9.50  USD             London Stock Exchange (Main Market)

 

This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Issuer in any jurisdiction.

 

This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Issuer in any jurisdiction in which such an
offer or solicitation is unlawful.

 

This announcement and the offer of the securities to which it relates are only
addressed to and directed at persons outside the United Kingdom and persons in
the United Kingdom who have professional experience in matters related to
investments or who are high net worth persons within Article 12(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and
must not be acted on or relied on by other persons in the United Kingdom.

 

This announcement and the offer of the securities to which it relates are only
addressed to and directed at persons outside the United Kingdom and persons in
the United Kingdom who have professional experience in matters related to
investments or who are high net worth persons within Article 12(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and
must not be acted on or relied on by other persons in the United Kingdom.

 

If and to the extent that this announcement is communicated in, or the offer
of the securities to which it relates is made in, any EEA Member State before
the publication of a prospectus in relation to the securities which has been
approved by the competent authority in that Member State in accordance with
Regulation (EU) 2017/1129 (the "Prospectus Regulation") (or which has been
approved by a competent authority in another Member State and notified to the
competent authority that Member State in accordance with the Prospectus
Regulation), this announcement and the offer are only addressed to and
directed at persons in that Member State who are qualified investors within
the meaning of the Prospectus Regulation (or who are other persons to whom the
offer may lawfully be addressed) and must not be acted on or relied on by
other persons in that Member State.

 

If and to the extent that this announcement is communicated in, or the offer
of the securities to which it relates is made in, the UK before the
publication of a prospectus in relation to the securities which has been
approved by the competent authority in the UK in accordance with Regulation
(EU) 2017/1129 as it forms part of domestic law by virtue of the European
Union (Withdrawal) Act 2018 (the "UK Prospectus Regulation"), this
announcement and the offer are only addressed to and directed at persons in
the UK who are qualified investors within the meaning of the UK Prospectus
Regulation (or who are other persons to whom the offer may lawfully be
addressed) and must not be acted on or relied on by other persons in the UK.

 

This announcement is not an offer of securities for sale into the United
States. The securities have not been, and will not be, registered under the
United States Securities Act of 1933 and may not be offered or sold in the
United States absent registration or an exemption from registration. There
will be no public offer of securities in the United States.

 

 

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