MSE - Mongolian Stock Exchange

09/26/2022 | Press release | Distributed by Public on 09/27/2022 01:31

'SENDLY NBFI' LLC HAS STARTED ITS PRIMARY SECURITY MARKET TRADING OFFERED TO THE PUBLIC

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"SENDLY NBFI" LLC HAS STARTED ITS PRIMARY SECURITY MARKET TRADING OFFERED TO THE PUBLIC

2022-09-26 12:11:22

"Sendly NBFI" LLC started its intial loan trading today by offering 29.97 percent of its total shares or 67,000,000 shares to the public at MNT 150 each and collecting MNT 10 billion.

Mr T. Khash-Erdene (Director, Business Development Department, Mongolian Stcok Exchange) opened the ceremony and stated that the shares offered to the public by "Sendly NBFI" LLC are the 9th product entering the market through the stock exchange in 2022.

Respective officials T. Jambaajamts (Chief Executive, Financial Regulatory Commission), B. Dulguun (Director, Securities Market Department, FRC), B. Naranbat (Chairman, Board of Directors, "Sendly NBFI" LLC), B. Ulziibayar (Chief Executive, "Ulzii and co capital UTsK" LLC), N. Tsevegmid (Deputy CEO, Rhinos investment UTsK LLC) were in attendance and gave speeches at the event. B. Naranbat (Chairman, Board of Directors, "Sendly NBFI" LLC) officially opened the 6808th session of trading at the MSE by ringing the trading bell.

At the MSE, orders for the securities offered to the primary market by "Sendly NBFI" LLC will accepted through the IPO system during the time of 10:00-17:00 starting today and ending September 30.

In addition, in the event that the volume of orders for the purchase of shares from the public exceeds the supply during the primary market trading, the percentage of the company's share will be equalized. The company's shares have started trading in the primary market with this condition.

Click herefor the securities prospectus.

MONGOLIAN STOCK EXCHANGE