SPO KEGOC: Acceptance of Applications from Investors to Be Completed

SPO KEGOC: Acceptance of Applications from Investors to Be Completed

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02 November 2023

The acceptance of applications from new investors within the framework of the SPO of KEGOC JSC has been completed. The secondary placement of shares was carried out on the Kazakhstan Stock Exchange (KASE) and Astana International Exchange (AIX).

The distribution of shares between the investors who submitted and paid for the applications, will be completed on November 7, 2023, on November 9 the shares will be credited to the relevant investor accounts. The start of secondary trading on stock exchanges is scheduled for November 10, 2023.

It should be noted that SPO KEGOC is carried out under the Comprehensive Privatization Plan for 2021-2025, approved by the Government of the Republic of Kazakhstan and on behalf of the Head of State on further denationalization of the economy, including through the privatization of state assets through additional issuance.

For information:

In the framework of the SPO, KEGOC offered 15,294,118 ordinary shares, while the share of Samruk-Kazyna JSC will be at least 85% of the total number of shares of the company. The price per ordinary share amounted to KZT1482. Shareholders could apply through brokers or by contacting KEGOC directly. New investors could apply through brokers, applications of banks and Tabys, as well as branches of Kazpost JSC.