National Atomic Company Kazatomprom provides results of annual general meeting of shareholders held on May 18

19.05.20, 15:09
/KASE, May 19, 2020/ – National Atomic Company Kazatomprom (Nur-Sultan), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated May 19, 2020: quote JSC National Atomic Company "Kazatomprom" ("Kazatomprom" or "the Company") announces today the voting results of each resolution at its Annual General Meeting of shareholders ("AGM" or "the Meeting"), held on 18 May 2020 at 10:30 local time (GMT+6), at the following location: floor 3, 17/12 building, E- 10 street, Z05T1X3, Nur-Sultan city, Republic of Kazakhstan. ... On the dividend for 2019 Based on the Company's Dividend Policy and 2019 financial results, shareholders approved a dividend payment for 2019 in the amount of KZT 381.72 per one ordinary share of Kazatomprom (one GDR equal to one ordinary share) to be paid from 2019 earnings. The total amount of dividends is equivalent to approximately KZT 99 billion. The 2019 dividend will be made to shareholders of record as at 00:00 local time (GMT+6) on 27 May 2020, with payments to commence beginning on 28 May 2020. On the composition of the Board of Directors By the decision of the general meeting of shareholders, Neil Charles Longfellow, who has been an independent director on Kazatomprom's Board of Directors since 2017, was elected as the Chairman of the Board of Directors of the Company. The term of service for the previous Chairman, John Dudas, was prematurely terminated due to his departure from the Board of Directors in December 2019, while a new board member, Marc William Kasher, was elected as an independent director on Kazatomprom's Board of Directors. Marc William Kasher has twenty years of experience in the investment industry and in managing private equity. He worked as Managing Director of Highland Capital, Director of Private Capital at Verno Investment Management Limited, Managing Director and Chairman of the Board of Pinebridge Investments Russia, Ltd., and Investment Director of AIG Silk Road Capital Management. Mr. Kasher is also an independent director of JSC National Investment Corporation of the National Bank of Kazakhstan, and of Luxoft. quote Full version press release is posted on the KASE website (in Russian) at – https://kase.kz/files/emitters/KZAP/kzap_reliz_190520_1.pdf [2020-05-19]