Press-release Outcomes of the extraordinary General Meeting of KEGOC Shareholders

English

On 16 October 2015, an extraordinary General Meeting of KEGOC Shareholders was held, where several issues were reviewed.

 

These included the approval of the financial statements, distribution of the net income, payment of dividends on ordinary shares and approval of the amount of the dividend per one ordinary share of KEGOC for the first half of the year 2015.

 

Shareholders approved the KEGOC's annual financial statements for the 1st half of the current year. According to the statements the net income of the Company amounted to KZT 6.1 billion.

 

The General Meeting of Shareholders also made a decision to distribute 40.01 % of the net income for the reporting period among all holders of KEGOC ordinary shares, thus amounting to nine tenge and forty tiyn (KZT 9.40) per one ordinary share of the Company.

 

The list of the Company's shareholders, who has the right to dividends on ordinary shares of the Company following the results of the first half of the year 2015, will be finalised at 00 hours 00 minutes on 30 October 2015. 16 November 2015 was determined as the date to start payments of dividends.

 

Additionally, the General Meeting of Shareholders approved the new revised versions of the Regulations on the General Meeting of KEGOC Shareholders, Charter, Corporate Governance Code and the Regulations on KEGOC Board of Directors.

 

 

 

Contact details

 

59 Tauyelsizdik Ave., Almaty district,

 

Astana, 010010, Republic of Kazakhstan

 

Tel.: +7 (7172) 690-468, +7 (7172) 690-203
Fax: + (7172) 690-455
e-mail: kegoc@kegoc.kz 

 

About the Company

 

KEGOC is the System Operator of Unified Power System of Kazakhstan, and it owns and manages the assets of the National Power Grid (NPG). The company is the natural monopoly. It owns about 24.9 thousand km of 35-1150 kV electricity transmission lines and 77 electrical substations with 36.2 MVA of installed transformer capacity. These lines and substations form the NPG. The company employs more than 4,700 people. More information about the Company is available at its corporate website:www.kegoc.kz