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17.10.2024 09:55 #Corporate events

NAC Kazatomprom announced voting results of extraordinary general meeting of shareholders held on October 16

/KASE, October 17, 2024/ – NAC Kazatomprom JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated October 16, 2024:

quote

National Atomic Company "Kazatomprom" JSC ("Kazatomprom" or "the Company") announces the voting results on each issue of the agenda of the Extraordinary General Meeting of Shareholders ("EGM") which took place on 16 October 2024 at 10:30 am local time (GMT+5) at the following address: floor 3, 17/12 Syganak street, Nura district, Astana, Z05T1X3, the Republic of Kazakhstan.

...

Approval of a major interested party transaction

The Extraordinary General Meeting of Shareholders of Kazatomprom has approved to conclude the Deed of Guarantee between Kazatomprom, KAP Logistics LLP and Taiqonyr Qyshqyl Zauyty LLP which is aimed to ensure KAP Logistics LLP properly fulfills its obligations under the offtake contract with Taiqonyr Qyshqyl Zauyty LLP for the purchase of sulphuric acid during the period of 2027-2043.

According to the offtake contract Taiqonyr Qyshqyl Zauyty LLP will annually supply up to 800 thousand tons of sulphuric acid to KAP Logistics LLP from the plant in the Taiqonyr village of Turkestan region to ensure a reliable supply source of this key chemical reagent to the Company's operations.

The total amount of Kazatomprom's obligations under the Deed of Guarantee is equal to KAP Logistics LLP's obligations under the offtake contract.

unquote

The complete press release is available on – see more

[2024-10-17]