Freedom Holding Corp. cross-listed its securities on AIX

26 July 2024

Astana International Exchange (“AIX”, “Exchange”) is pleased to announce that ordinary shares of Freedom Holding Corp. (“FRHC”) have been admitted to the Astana International Exchange (AIX) Official List.

The shares (ISIN: US3563901046) will be traded under the ticker “FRHC”, with quotation and settlements in US dollars. The shares are fully fungible between Nasdaq Capital Market and AIX.

Freedom Holding Corp. is a diversified financial services company engaged in brokerage, securities trading, investment research and advisory, investment banking and underwriting services, mortgage, insurance, telecommunications, online sales of airline tickets and tickets to cultural and sporting events, offers online supermarket services, and many others. Freedom Holding Corp. has more than 6,000 employees. Freedom Holding Corp. is headquartered in Almaty, Kazakhstan, and its divisions and subsidiaries are located in 20 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, Azerbaijan and others.

Birzhan Astayev, Chief Markets and Products Officer, AIX, said:

“Freedom Holding is a fast-growing and ambitious business; we are glad for being able to offer our clients yet another option to diversify their investments in equities”.

Sergey Lukyanov, Chairman of the Board of Directors, Freedom Finance Global, noted:

“Cross-listing of our shares on the AIX is quite an important step for our company. Our strategy is aimed at developing and building up the investment potential of Kazakhstan. Listing on the AIX will open up new opportunities for our clients and private investors in Kazakhstan. I thank all of our employees, shareholders and partners for their continued support and trust.”

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. The mission of AIX is to develop an active capital market in Kazakhstan and the region by providing clear and favorable conditions for attracting financing to private and public businesses. AIX develops special segments for mining companies as well as infrastructure projects under the Belt and Road initiative. More details: www.aix.kz 
The Astana International Financial Centre (AIFC) is an independent jurisdiction that started (AIFC) is an independent jurisdiction with a favourable legal and regulatory environment and a developed infrastructure for starting and doing business, attracting investment, creating jobs and developing Kazakhstan’s economy. https://aifc.kz/