JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) announced that last week it has completed the payment of dividends to shareholders, honoring its commitment to pay a dividend in 2019 and marking an important post-IPO milestone.
At the Annual General Meeting held on 30 May 2019 in Nur-Sultan, shareholders approved a dividend payment of 308.46 Kazakhstani Tenge per one ordinary share (one GDR equal to one ordinary share), to be paid from 2018 earnings. The total amount paid was equivalent to approximately 80 billion Tenge.
The dividend payments for Kazatomprom shares were made as one-time payments through a wire transfer to shareholders’ bank accounts.
In November 2018, Kazatomprom listed its shares and global depositary receipts (GDRs) on the Astana International Exchange, and GDRs on the London Stock Exchange. Following the initial public offering, 85.08% of the total authorized share capital of the Company is held by the state-run Sovereign Wealth Fund, Samruk-Kazyna, with the remaining 14.92% free-floated in the market and owned by both retail and major institutional shareholders from across the globe.
For further information, please contact:
Kazatomprom Investor Relations Inquiries
Cory Kos, Head of Investor Relations
Tel: +7 (8) 7172 45 81 80
Kazatomprom Public Relations and Media Inquiries
Torgyn Mukayeva, Head of Public Relations and Internal Communication Department
Tel: +7 (8) 7172 45 80 63
Powerscourt – London (Giles Read)
Tel: +44 20 7250 1446
A copy of this announcement will be made available at www.kazatomprom.kz.
Kazatomprom is the world's largest producer of uranium, with the company’s attributable production representing approximately 23% of global primary uranium production in 2018. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 26 deposits grouped into 13 mining assets. All of the Company’s operations are located in Kazakhstan and mined using ISR technology with a focus on maintaining industry-leading health, safety and environment standards.
Kazatomprom securities are listed on the London Stock Exchange and Astana International 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 Nur-Sultan, Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House KazakAtom AG (THK).
For more information, please see our newly updated website at http://www.kazatomprom.kz
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