‘Mirae Asset Securities Mongolia’ LLC, the underwriter for LendMN JSC disclosed share allocation policy of LendMN’s Initial Public Offering.
IPO Subscription:
Subscription for the stock will be open during the period between 9:00am Wednesday, 21st February to 1:00pm Wednesday, 7th March, 2018.
Share allocation policy:
In case of oversubscription for the stock, the following allocation policy will apply:
| Number of investors |
Up to 1,000 |
Up to 1,500 |
Up to 2,000 |
Up to 2,500 |
| Allocation policy |
Orders for up MNT650,000 will be fully filled, rest of orders will be allotted on a prorate basis. |
Orders for up MNT400,000 will be fully filled, rest of orders will be allotted on a prorate basis. |
Orders for up MNT350,000 will be fully filled, rest of orders will be allotted on a prorate basis. |
Orders for up MNT250,000 will be fully filled, rest of orders will be allotted on a prorate basis. |
| Up to 3,000 | Up to 5,000 | Up to 10,000 | 10,000 and more | |
|
Orders for up MNT200,000 will be fully filled, rest of orders will be allotted on a prorate basis. |
Orders for up MNT110,000 will be fully filled, rest of orders will be allotted on a prorate basis. |
Orders for up MNT75,000 will be fully filled, rest of orders will be allotted on a prorate basis. |
Orders for up MNT50,000 will be fully filled, rest of orders will be allotted on a prorate basis. |
MONGOLIAN STOCK EXCHANGE