KAZAKHSTAN: KASE Amends Rules for Disclosure of Information

Friday December 8 2023

Kazakhstan Stock Exchange (KASE) announced that the board of directors has approved Rules for disclosure of information by initiators of securities admission (Rules) with effect from January 1^st, 2025.

The amendments were made for the purposes of:

• establishing the obligation to disclose certain information by initiators of admission of foreign securities, securities of international financial organizations or securities issued under the guarantee of an international financial organization;
• application of the requirement to submit to the Exchange the annual report of the issuer by the initiators of admission of securities located on the “Alternative” market of the Exchange’s official list (this condition will come into effect from January 1^st, 2025);
• establishing an additional list of information for disclosure by admission initiators, in particular about the upcoming early (partial) repayment and redemption of debt securities and changes in the coupon rate on bonds.

Click on the above link for further information