Board of Directors of National company "KazMunayGas" recommends to pay KZT300 bn in dividends on common shares

19.05.23 18:11
/KASE, May 19, 2023/ – National company "KazMunayGas" JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated May 19, 2023: quote Based on the results of 2022, the Board of Directors recommended distribution of dividends to shareholders in the amount of 300 bln tenge Based on the audited financial statements, the Board of Directors of National Company KazMunayGas JSC ("KMG") recommended to distribute the net income received in 2022 in the amount of 1,289 bln tenge in the following order: - allocate the amount of 300 bln tenge for the payment of dividends to KMG shareholders; - leave the amount of 989 bln tenge at the disposal of KMG; - the amount of dividends for 2022 per ordinary share will be 491.71 tenge. The decision on the payment of dividends is a subject for approval by the shareholders at the Annual General Meeting of Shareholders (AGM), which will be held on 30 May 2023. In case of approval by the AGM, the payment of dividends for 2022 will begin on 20 June 2023 to shareholders registered in the shareholder register as of 00:00 local time (GMT+6) on 31 May 2023. unquote This information is available on: - https://kase.kz/files/emitters/KMGZ/kmgz_reliz_190523_kz_1.pdf – in Kazakh; - https://kase.kz/files/emitters/KMGZ/kmgz_information_rus_190523.pdf – in Russian; - https://kase.kz/files/emitters/KMGZ/kmgz_reliz_190523_en_1.pdf – in English. [2023-05-19]