/KASE, September 27, 2023/ – KEGOC JSC (Astana), whose securities are
officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE
about the following:
Joint Stock Company «KEGOC» (Kazakhstan Electricity Grid Operating
Company) (the "Company" or "KEGOC"), with the location of its executive body
(the Management Board) at the address: Kazakhstan, Astana city, Almaty
district, Tauelsizdik Avenue, building 59, postcode Z00T2D0, hereby informs its
shareholders that the General Meeting of Shareholders has decided to place
15,294,118 ordinary shares of KEGOC (Minutes of the meeting No. 34 dated 26
In accordance with Article 16 of the Law of the Republic of Kazakhstan "On Joint
Stock Companies", the Company offers its shareholders to purchase ordinary
shares of the Company in order to exercise their pre-emption right.
Pursuant to the provisions of the Rules for exercising the right of shareholders
of a joint stock company to preemptive purchase of securities and waiver
thereof, approved by the Resolution of the Board of the National Bank of the
Republic of Kazakhstan No. 253 dated 29 October 2018 (the "Rules"), the Company
brings the following information to its shareholders:
1.The list of shareholders having the pre-emption right has been compiled by
Central Securities Depository JSC in accordance with the written order of
the Company as of 00:00 a.m. on 26 September 2023, i.e. as of the date of
the decision of the General Meeting of Shareholders on the placement of
ordinary shares of KEGOC.
2.Number and types of shares to be placed:
2.1type of shares to be placed – ordinary shares of KEGOC within the
authorised ordinary shares (ISIN code KZ1C00000959);
2.2number of shares to be placed – 15,294,118 (fifteen million two hundred
ninety-four thousand one hundred eighteen) shares.
3.Share offer price: 1,482 (one thousand four hundred eighty-two) tenge per
one ordinary share of the Company.
4.The ratio of the number of placed ordinary shares (less treasury shares of
the Company) to the number of ordinary shares of the Company to be
placed is 259,998,610: 15,294,118 (16.9999 : 1).
5.Conditions of acquisition of placed shares.
5.1Shareholders have the right to apply for the acquisition of the Company's
ordinary shares to be placed (the application for share purchase) on equal
terms and conditions in proportion to the number of ordinary shares of the
Company held by them, according to the Company's share register as at
00:00 a.m. on 26 September 2023, subject to the conditions set out in this
5.2Deadline for submission of applications for share purchase: the term starts
on the day following the date of this publication on placement of shares and
constitutes 30 (thirty) calendar days.
If the last day of the deadline for submission of applications for share
purchase falls on a non-working day, the deadline for submission of
applications shall be the next following working day.
5.3Term of payment for shares: payment for the Company's shares to be
acquired by the pre-emption right shall be made by the shareholder within 5
(five) working days after the date of submission of the application for share
purchase, in accordance with the provisions of the Charter of KEGOC.
6.Procedure for submitting applications for share purchase.
6.1A shareholder may apply for the purchase of the Company's shares to be
placed in one of the following ways:
(a)directly to KEGOC by registered mail with confirmation of receipt or in
person by the shareholder (authorised representative):
(i)at the postal address - Astana city, Almaty district, Tauelsizdik
Avenue, building 59, postcode Z00T2D0, from 9:00 a.m. to 5:00 p.m.
(ii)liaising with shareholders regarding their acquisition of shares in the
Company shall be carried out by:
(A)Ruslan Kalievich Abdiev, Director of Investor Relations
Department, tel: +7 (7172) 690-293;
(B)Ruslan Kalievich Abdiev, Director of Investor Relations
Department, tel: +7 (7172) 690-293;
(b)through the trading system of Kazakhstan Stock Exchange JSC (the
"KASE") by submitting an application to the broker, with whom the
shareholder has concluded a contract for provision of brokerage
More details are available in Kazakh, Russian and English –