First Direct Listing Executed on AIX

Astana International Exchange (“AIX” or “the Exchange”) announces the admission to the official list of AIX and to trading on AIX (together, the “Admission”) of ordinary and preferred shares of AK Altynalmas JSC (the Company), marking the first direct listing on the Exchange – an important milestone in the the development of its range of market solutions.

AK Altynalmas JSC was founded in 1993. Today, it ranks among the top three gold producers in Kazakhstan, both in terms of precious metals output and resource base. The company’s assets are located in five regions of Kazakhstan: Zhambyl, Karaganda, Abai, Akmola and Pavlodar.

A total of 11,957,626 common shares of the Companyand 5,267 preferred shares have been admitted to trading on AIX.

The Admission has been conducted as a direct listing in accordance with Rule 25 of the AIX Markets Listing Rules. This Admission enables the existing shareholders to trade on AIX.

Assel Mukazhanova, AIX CEO, said:

“Addressing clients’ needs remains at the core of our approach. Our solutions are not developed in isolation but emerge from active engagement with market participants, allowing us to respond with relevance and precision. This approach has led to our first direct listing, initiated together with a leading mining company, which we are proud to present.”

This milestone introduces a new listing route to AIX, broadening access to capital markets and providing issuers with greater flexibility in how they access public markets.

Reference:

AIX was formed in 2017 within the Astana International Financial Centre development framework. AIX shareholders are AIFC, the Shanghai stock exchange, the Silk Road Fund, and NASDAQ, which also provides the AIX trading platform. The exchange operates within a regulatory environment based on the principles of English Law, thus providing a reliable investment environment. www.aix.kz

The Astana International Financial Centre (AIFC) is an independent jurisdiction where investors and business meet emerging opportunities of Kazakhstan and Central Asia in a transparent and sustainable environment backed by the principles of English Common Law. aifc.kz