<SEC-DOCUMENT>0000929638-24-003057.txt : 20240903
<SEC-HEADER>0000929638-24-003057.hdr.sgml : 20240903
<ACCEPTANCE-DATETIME>20240903160110
ACCESSION NUMBER:		0000929638-24-003057
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240729
FILED AS OF DATE:		20240903
DATE AS OF CHANGE:		20240903

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Yerdessov Azamat
		CENTRAL INDEX KEY:			0002033871
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33034
		FILM NUMBER:		241273922

	MAIL ADDRESS:	
		STREET 1:		BLOCK B, HOUSE 19, KAZACHKA ST
		STREET 2:		KOKSHOKY DISTRICT
		CITY:			ALMATY
		STATE:			1P
		ZIP:			000000

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Freedom Holding Corp.
		CENTRAL INDEX KEY:			0000924805
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				300233726
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		ESENTAI TOWER BC, FLOOR 7
		STREET 2:		77/7 AL FARABI AVE.
		CITY:			ALMATY
		STATE:			1P
		ZIP:			050040
		BUSINESS PHONE:		1-212-309-6000

	MAIL ADDRESS:	
		STREET 1:		ESENTAI TOWER BC, FLOOR 7
		STREET 2:		77/7 AL FARABI AVE.
		CITY:			ALMATY
		STATE:			1P
		ZIP:			050040

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BMB MUNAI INC
		DATE OF NAME CHANGE:	20031218

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERUNION FINANCIAL CORP
		DATE OF NAME CHANGE:	19960719
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>form3.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2024-07-29</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000924805</issuerCik>
        <issuerName>Freedom Holding Corp.</issuerName>
        <issuerTradingSymbol>FRHC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002033871</rptOwnerCik>
            <rptOwnerName>Yerdessov Azamat</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ESENTAI TOWER BC, FLOOR 7</rptOwnerStreet1>
            <rptOwnerStreet2>77/7 AL FARABI AVE</rptOwnerStreet2>
            <rptOwnerCity>ALMATY</rptOwnerCity>
            <rptOwnerState>1P</rptOwnerState>
            <rptOwnerZipCode>000000</rptOwnerZipCode>
            <rptOwnerStateDescription>KAZAKSTAN</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>true</isOfficer>
            <officerTitle>Freedom Life Chief Exec. Ofc.</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>106000</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">In connection with the filing on July 29, 2024, of Freedom Holding Corp.'s (the &quot;Company&quot;) proxy statement for its 2024 annual meeting, the Company determined that the reporting person was an &quot;officer&quot; for purposes of Section 16 of the Exchange Act of 1934, as amended.</footnote>
        <footnote id="F2">On May 18, 2021, Mr. Yerdessov was awarded 10,000 restricted shares of common stock of the Company under the Company's 2019 Equity Incentive Plan (the &quot;Plan&quot;). 2,000 shares of that grant vested on May 18, 2022. Assuming satisfaction of applicable vesting conditions, which include continuous service with the Company and market price conditions tied to the performance of the Company's common stock, vesting of the shares will occur as follows: 2,000 shares on each anniversary of the award date through May 18, 2026.</footnote>
        <footnote id="F3">On March 1, 2024, Mr. Yerdessov was awarded 112,500 restricted shares of common stock of the Company under the Plan. 62,500 shares of that grant vested on March 20, 2024. Assuming satisfaction of applicable vesting conditions, which include continuous service with the Company and market price conditions tied to the performance of the Company's common stock, vesting of the shares will occur as follows: 25,000 shares annually through January 25, 2026.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Azamat Yerdessov</signatureName>
        <signatureDate>2024-09-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
