KASE, London Stock Exchange and Barclays held IPO Roundtable
OREANDA-NEWS. Kazakhstan Stock Exchange (KASE) announces that a round-table on IPO was held on February 9, 2016 in KASE conference hall. KASE, London Stock Exchange Group (LSEG) and Barclays Bank PLC (Barclays) have jointly hosted it.
The Roundtable comes within the framework of the memorandum of understanding signed between KASE and LSEG on 3 November 2015. This took place during the Kazakhstan government delegation visit to the UK, headed by the President of the Republic of Kazakhstan, Nursultan Nazarbayev.
More than 20 participants from the National Bank of Kazakhstan, European Bank for Reconstruction and Development, and other brokers, lawyers and consultants attended the Roundtable.
The main objective of the Roundtable was to discuss further and smoother integration of Kazakhstan into the global capital markets and to attract more foreign investment to Kazakhstani stocks listed on both KASE and LSE. In particular, the discussion focused on comparison of Kazakh and international listing preparation process and shareholder rights, peculiarities of marketing, bookbuilding, pricing and settlement processes, as well as establishing optimal means of enhancing liquidity for Kazakh stocks across both KASE and the London Stock Exchange.