Sberbank of Russia

07/23/2024 | Press release | Distributed by Public on 07/23/2024 01:48

NAC Kazatomprom announces changes in shareholder structure

NAC Kazatomprom announces changes in shareholder structure

23.07.24 11:48
/KASE, July 23, 2024/ - NAC Kazatomprom JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated July 23, 2024: quote JSC National Atomic Company "Kazatomprom" ("Kazatomprom" or "the Company") informs about the changes in its shareholders structure. On 20 July 2024 the off-market transaction between the National Bank of the Republic of Kazakhstan and Samruk-Kazyna JSC on the purchase of Kazatomprom shares to the National Fund of the Republic of Kazakhstan was executed. As a result of this transaction, Samruk-Kazyna's share decreased from 75% to 62.99336549%. According to the shareholder register data maintained by the Central Securities Depository of the Republic of Kazakhstan, the 12.00663451% equity stake sold by Samruk-Kazyna JSC now belongs to the Ministry of Finance of the Republic of Kazakhstan. As the National Bank informed in its initial official statement, the Government of the Republic of Kazakhstan decided to purchase the Company's shares to the National Fund of the Republic of Kazakhstan in order to finance the governmental budget. Kazatomprom's free float has not been affected and remains at 25% with a dual listing at the London Stock Exchange and Astana International Exchange.. ... unquote The complete press release is available on - https://kase.kz/files/emitters/KZAP/kzap_relizs_230724_1.pdf [2024-07-23]