Each GDR represents one share.
Share and GDR prices are available on Kazatomprom homepage and Share performance section. You can also find the prices on London Stock Exchange by looking up the ticker symbol “KAP” (unique identifiers assigned to each security, an abbreviation used to uniquely identify publicly traded shares), and on AIX with tickers “KAP” for shares and “KAP.Y” for GDRs.
Shares and GDRs can be bought and sold only through a broker who is licensed to trade on the exchanges where KAP securities are listed. Transaction fees (for buying and selling shares) of different brokers may vary.
As of today Samruk-Kazyna holds 75% of the shares, while 25% are free floated, of which there are no shareholders owning 5% or more.
Kazatomprom shares and global depositary receipts (GDR) are listed on two international stock exchanges: AIX (Astana International Exchange) и LSE (London Stock Exchange). Shares and GDRs are listed on AIX, while on LSE only GDRs are listed.
Information is available on the Dividends page of our website.
According to the Kazatomprom’s Dividend policy the dividend amount is calculated on the basis of consolidated free cash flow for the expired fiscal year. An excerpt from the Dividend policy with description of the calculation methodology is available on our website on the Corporate documents section.
Kazatomprom expects the dividend payments of no less than the Tenge equivalent of US$200M in 2019 and 2020 in respect of each of the 2018 and 2019 years as also stated in the IPO Prospectus.
In June-July 2019 Kazatomprom paid dividends in the amount of 80 billion Tenge (more than US$200M) for the financial year of 2018.
Conversion of the GDR dividends from Tenge to US dollars is executed by the Depositary bank using market exchange rate net of applicable fees related to currency exchange.
Kazatomprom pays dividends to the bank accounts of shareholders and / or nominee holders specified in the system of Central Securities Depository JSC. Shareholders can obtain information about dividend payments from their brokers.
Central Securities Depository Joint-stock Company contacts:
28, microdistrict Samal-1, Almaty, 050051
Telephones: +7 (727) 262 08 46, 355 47 60
Fax: +7 (727) 262 08 46, 355 47 60
Call center: 8 800 080 86 68 (call from city and mobile telephones in the Republic of Kazakhstan is free), +7 (727) 355 47 61, +7 777 150 94 22 (WhatsApp only),
Once known, the AGM dates will be published in our Investor calendar. In addition, AGM Notification will be made public in accordance with the Law of the Republic of Kazakhstan on joint stock companies.
According to the Law of the Republic of Kazakhstan “On joint stock companies” a shareholder has the right to participate in the general meeting of the shareholders and to vote personally or through his/her representative. If a shareholder does not have the opportunity to participate in the general meeting of shareholders in person, then he/she has the right to vote on the issues under consideration through his/her representative on the basis of a letter of attorney in accordance with established procedure, as well as by providing a ballot (during absentee voting or in person secret voting).
According to the Law letter of attorney is not required for participation in the general meeting of the shareholders and voting on the issues for the person which in accordance with the legislation of the Republic of Kazakhstan or a contract has the right to act without the letter of attorney on behalf of a shareholder or represent him/her.
Information on voting results is published on General Shareholders Meeting page of our website.
Establishing corporate governance in accordance with the international practices is our priority. Three Independent Non-Executive Directors (INEDs), one of which is the Chairman of the Board of Directors, of NAC Kazatomprom JSC, represent the interests of minority shareholders. Certain protections are afforded to minority shareholders of a joint stock company under the Laws of the Republic of Kazakhstan on joint stock companies. In addition, the company follows transparency principals and executes timely disclosures to provide equal access for all shareholders and other stakeholders.
The dates for all public disclosures will be published well in advance, in the Investor calendar page of our website.
Financial statements and other reports are available on the Reports and Results page in the Investors section of our website.
Kazatomprom’s quarterly trading update, and the Operating and Financial Review (OFR, published twice a year) contain information about our Uranium segment and corresponding production and sales metrics. Please review these reports on the Reports and Results page in the Investors section of our website.
Our Mission is to sustainably develop our uranium deposits and their value chain components in order to create long-term value for all our stakeholders.
Our Vision is to be the Partner of Choice for the global nuclear fuel industry.
Our strategic goals are:
Overall, our focus is on value preservation, taking into account price and market conditions. Given the current situation in the market, and in light of the continuing oversupply of products in the natural uranium market, we made a strategic and responsible decision to cut production in order to help bring the supply side more in line with demand. These measures are absolutely common in other commodity industries, and highlight our commitment to ensuring the long-term sustainability of uranium mining, which in turn is an essential element in the production of clean, carbon-free electricity worldwide.
Uranium is a chemical element (U) and a silvery-grey to black metal. It occurs naturally in low concentrations in soil, rock and water. Uranium is a widespread element on Earth, but it must occur in high enough concentrations in order to make its extraction economic. The U-238 isotope is not radioactive, while the U-235 isotope is radioactive; however, given that this isotope’s concentration is relatively low in natural uranium / U3O8 (0.7%), all of KAP’s products, including the fuel pellets and powders (with 3-5% concentration), are only weakly radioactive.
The average dose of Kazatomprom's enterprises personnel radiation exposure was 1.55 mSv, which includes the natural background radiation. At the same time, in 2018 the values of natural background radiation at our production areas of the Company's enterprises ranged from 0.3 to 1.2 mSv/year. The average dose, less the natural background radiation in 2018, was 0.76 mSv/year. According to the Kazakh legislation on average the dose limit is 20 mSv for any consecutive 5 years, but not more than 50 mSv per year.
Our uranium is used for peaceful purposes, primarily as fuel for nuclear power plants that generate electricity, isotopes can also be used in nuclear medicine and for other commercial purposes.
The in-situ recovery (ISR) uranium extraction method was first used in the 1960s. The benefits of ISR over conventional mining methods include lower cost of extraction, smaller environmental footprint and better health and safety performance.
Traditional mining involves extracting ore from the ground, while ISR involves using liquids, which are pumped through the orebody to recover the minerals directly from the ore by leaching. Consequently, no waste rock is generated and there is little surface disturbance. Production in all KAP’s deposits is carried out via ISR extraction of uranium. For more information please visit our website by link:
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