Кыргызская фондовая биржа

Securities of OJSC "Manas International Airport" were transferred to "A" category

Securities of OJSC "Manas International Airport" were transferred to the category "A" (the highest) from the category "B" (next to the highest) of the Official List of the Kyrgyz Stock Exchange ( KSE)*. Moving to the category "A" indicates the compliance of OJSC "Manas International Airport" with a number of the highest requirements of the KSE listing.

In particular, the requirements are made to the period of existence of the issuing company, the size of equity capital and profitability. It is obligatory to have audited financial statements for the previous financial year, to have net profit for the reporting year or for the sum of three years, to have a market-maker** of securities on the KSE.  Securities in category "A" have minimal risks and high investment quality.

OJSC "Manas International Airport" has been listed on the KSE since July 2008 and today is one of the successful and dynamically developing companies of Kyrgyzstan, which has won the trust of citizens, the constant business interest of partners, and increased attractiveness for domestic and foreign investors.

Today only state securities are in the "A" category and OJSC "Manas International Airport" is the first company that moved to the highest listing category.

Major shareholders of OJSC "Manas International Airport" are the State Agency for State Property Management under the Cabinet of Ministers of the Kyrgyz Republic - 79.0533% and Social Fund of the Kyrgyz Republic - 8.4635%. The Total: number of shareholders as of 31.12.2023 is about 2456 shareholders.

For the last three years, the net profit of the consolidated budget of OJSC "Manas International Airport" amounted to 4.0 billion KGS in 2021, 5.3 billion KGS in 2022 and 6.0 billion KGS in 2023.

As of 2 April 2023, the price of one share was 850.00 soms, for the last 3 years the price of shares of OJSC "Manas International Airport" has risen from 311.00 soms to 850.00 soms per one share, the increase was almost 2.7 times. The capitalisation of the company increased from 8.67 billion soms to 23.69 billion soms.

Note:

* The official list of the Exchange consists of four categories:

- category “A”, which is the highest;

- category “B”, next to the highest;

- category “C”, starting category.

- “SPAC” category, special category.

** Market maker is a trading participant who undertakes obligations to maintain prices, demand, supply and (or) trading volume in financial instruments. Their main task is to create supply and demand.

Key responsibilities of market makers typically include the following:

keep quotes within a certain range;
provide liquidity;
prevent price gaps;
maintain trading volumes on the exchange.