Kazakhstan Electricity Grid Operating : KEGOC informs its shareholders about the offering of 15,294,118 ordinary shares KZ1C00000959 (KEGC) by way of exercising the right of pre-emptive purchase of shares

KEGOC informs its shareholders about the offering of 15,294,118 ordinary shares KZ1C00000959 (KEGC) by way of exercising the right of pre-emptive purchase of shares

27.09.23 11:27

/KASE, September 27, 2023/ - KEGOC JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote 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 September 2023). 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 publication. 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. Astana time; (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: [phone]; (B)Ruslan Kalievich Abdiev, Director of Investor Relations Department, tel: [phone]; (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 services. unquote More details are available in Kazakh, Russian and English - https://kase.kz/files/emitters/KEGC/kegc_other_accidents_260923_6544.pdf [2023-09-27]