AIX: KAP, KAP.Y
(GDR)
LSE: KAP (GDR)
Currency: KZT (₸), unless otherwise
specified
23 July 2024, Astana, Kazakhstan
Kazatomprom informs on changes in its shareholding
structure
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.
The Company's shareholders structure
is currently as follows:
|
|
Shares
and GDRs
|
%
|
|
Samruk-Kazyna JSC
|
163,377,456
|
62.99336549%
|
|
Ministry of Finance of the Republic
of Kazakhstan
|
31,140,000
|
12.00663451%
|
|
Free-float
|
64,839,152
|
25%
|
|
Total
|
259,356,608
|
100%
|
For more
information, please contact:
Investor Relations Inquiries
Botagoz Muldagaliyeva, Director,
Investor Relations
Tel: +7 7172 45 81 80 /
69
Email: ir@kazatomprom.kz
Public Relations and Media Inquiries
Askar Atagulin, Director, Public
Relations
Tel: +7 7172 45 80 63
Email: pr@kazatomprom.kz
About Kazatomprom
Kazatomprom is the world's largest
producer of uranium, with the Company's attributable production
representing approximately 20% of global primary uranium production
in 2023. The Group benefits from the largest reserve base in the
industry and operates, through its subsidiaries, JVs and
Associates, 26 deposits grouped into 14 mining assets. All of the
Company's mining operations are located in Kazakhstan and extract
uranium using ISR technology with a focus on maintaining
industry-leading health, safety and environment
standards.
Kazatomprom securities are listed on
the London Stock Exchange, Astana International Exchange, and
Kazakhstan Stock Exchange. As the national atomic company in the
Republic of Kazakhstan, the Group's primary customers are operators
of nuclear generation capacity, and the principal export markets
for the Group's products are China, South and Eastern Asia, Europe
and North America. The Group sells uranium and uranium products
under long-term contracts, short-term contracts, as well as in the
spot market, directly from its headquarters in Astana, Kazakhstan,
and through its Switzerland-based trading subsidiary, Trade House
KazakAtom AG (THK).
For more information, please see the
Company website at www.kazatomprom.kz.
Forward-looking statements
All statements other than statements
of historical fact included in this communication or document are
forward-looking statements. Forward-looking statements give the
Company's current expectations and projections relating to its
financial condition, results of operations, plans, objectives,
future performance and business. These statements may include,
without limitation, any statements preceded by, followed by or
including words such as "target," "believe," "expect," "aim,"
"intend," "may," "anticipate," "estimate," "plan," "project,"
"will," "can have," "likely," "should," "would," "could" and other
words and terms of similar meaning or the negative thereof. Such
forward-looking statements involve known and unknown risks,
uncertainties and other important factors beyond the Company's
control that could cause the Company's actual results, performance
or achievements to be materially different from the expected
results, performance or achievements expressed or implied by such
forward-looking statements. Such forward-looking statements are
based on numerous assumptions regarding the Company's present and
future business strategies and the environment in which it will
operate in the future.
THE INFORMATION WITH RESPECT TO ANY
PROJECTIONS PRESENTED HEREIN IS BASED ON A NUMBER OF ASSUMPTIONS
ABOUT FUTURE EVENTS AND IS SUBJECT TO SIGNIFICANT ECONOMIC AND
COMPETITIVE UNCERTAINTY AND OTHER CONTINGENCIES, NONE OF WHICH CAN
BE PREDICTED WITH ANY CERTAINTY AND SOME OF WHICH ARE BEYOND THE
CONTROL OF THE COMPANY. THERE CAN BE NO ASSURANCES THAT THE
PROJECTIONS WILL BE REALISED, AND ACTUAL RESULTS MAY BE HIGHER OR
LOWER THAN THOSE INDICATED. NONE OF THE COMPANY NOR ITS
SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES, ADVISORS OR
AFFILIATES, OR ANY REPRESENTATIVES OR AFFILIATES OF THE FOREGOING,
ASSUMES RESPONSIBILITY FOR THE ACCURACY OF THE PROJECTIONS
PRESENTED HEREIN.
The information contained in this
communication or document, including but not limited to
forward-looking statements, applies only as of the date hereof and
is not intended to give any assurances as to future results. The
Company expressly disclaims any obligation or undertaking to
disseminate any updates or revisions to such information, including
any financial data or forward-looking statements, and will not
publicly release any revisions it may make to the Information that
may result from any change in the Company's expectations, any
change in events, conditions or circumstances on which these
forward-looking statements are based, or other events or
circumstances arising after the date hereof.