REG - JSC NAC Kazatomprom - KAP Announces Redemption of Short-term Bonds

NAK Kazatomprom AOAnnouncement

24/01/2023 08:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230124:nRSX6660Na&default-theme=true

RNS Number : 6660N  JSC National Atomic Co. Kazatomprom  24 January 2023

AIX: KAP, KAP.Y (GDR)

LSE: KAP (GDR)

Currency: KZT (₸), unless otherwise specified

 

 

24 January 2023, Astana, Kazakhstan
Kazatomprom Announces Redemption of Short-term Bonds KZ2C00009199

JSC National Atomic Company "Kazatomprom" ("Kazatomprom" or "the Company")
announces that on 23 January 2023, the Company redeemed in full the issue of
bonds (ISIN KZ2C00009199) in the amount of 50,000,000 (fifty million) US
Dollars, placed on the platform of JSC "Kazakhstan Stock Exchange" ("KASE") on
23 December 2022. Coupon payments were made to bondholders, registered as of
22 January 2023 at 00:00 local time.

Total payments for the bond issue amounted to 50,180,000 (fifty million one
hundred and eighty thousand) US Dollars, including:

·      Principal debt (nominal bond value) - 50,000,000 (fifty million)
US Dollars

·      Coupon payment - 180,000 (one hundred and eighty thousand) US
Dollars. Coupon payment was paid for 30 (thirty) calendar days and amounted to
36 US cents per one bond

As was disclosed in the interim consolidated financial statements and notes
for the three and nine month periods ended 30 September 2022, on 27 October
2022 Kazatomprom's Board of Directors approved four issues of the Company's
commercial bonds totalling 200,000,000 (two hundred million) US dollars. The
issue and placement of bonds will be carried out according to the Company's
short-term liquidity needs.

For more information, please contact:

Kazatomprom Investor Relations Inquiries

Yerlan Magzumov, Director, Investor Relations

Tel.: +7 7172 45 81 80 / 69

Email: ir@kazatomprom.kz

Kazatomprom Public Relations and Media Inquiries

Sabina Kumurbekova, Director, Government and Public Relations

Gazhaiyp Kumisbek, Chief Expert, Government and Public Relations

Tel.: +7 7172 45 80 22

Email: pr@kazatomprom.kz

A copy of this announcement is available at https://www.kazatomprom.kz
(https://www.kazatomprom.kz) .

About Kazatomprom

Kazatomprom is the largest uranium producer in the world with natural uranium
production in proportion to the Company's participatory interest in the amount
of about 24% of the total global primary uranium production in 2021. The group
has the largest uranium reserve base in the industry. Kazatomprom, together
with subsidiaries, affiliates and joint organizations, is developing 26
deposits combined into 14 uranium-mining enterprises. All uranium mining
enterprises are located on the territory of the Republic of Kazakhstan and
when mine uranium use in-situ recovery technology, paying particular attention
to best HSE practices and means (ISO 45001 and ISO 14001 certified).

Kazatomprom's securities are listed on the London Stock Exchange, the Astana
International Exchange and the Kazakhstan Stock Exchange. Kazatomprom is the
National Atomic Company of the Republic of Kazakhstan, and the main customers
of the group are operators of nuclear generating capacities, and the main
export markets for products are China, South and East Asia, North America and
Europe. The Group sells uranium and uranium products under long-term and
short-term contracts, as well as on the spot market directly from its
corporate centre in Astana, Kazakhstan, as well as through a trading
subsidiary in Switzerland, Trading House KazakAtom (THK).

For more information, please, visit our website http://www.kazatomprom.kz
(http://www.kazatomprom.kz)

Forward Looking Information

All statements, other than statements of historical fact, included in this
message or document are statements regarding the future. Statements regarding
the future reflect the Company's current expectations and estimates regarding
its financial condition, results of operations, plans, goals, future results
and activities. Such statements may include, but are not limited to,
statements before which, after which or where words such as "goal", "believe",
"expect", "intend", "possibly", "anticipate", "evaluate", "plan", "project",
"will", "may", "probably", "should", "may" and other words and terms of a
similar meaning or their negative forms are used.

Such statements regarding the future include known and unknown risks,
uncertainties and other important factors beyond the control of the Company,
which may lead to the fact that the actual results, indicators or achievements
of the Company will significantly differ from the expected results, indicators
or achievements expressed or implied by such statements regarding the future.
Such statements regarding the future are based on numerous assumptions
regarding the current and future business strategy of the Company and the
conditions in which it will operate in the future.

INFORMATION ON THE ESTIMATES CONTAINED IN THIS DOCUMENT ARE BASED ON SEVERAL
ASSUMPTIONS ABOUT FUTURE EVENTS AND ARE SUBJECT TO SIGNIFICANT ECONOMIC AND
COMPETITIVE UNCERTAINTIES AND OTHER CONVENTIONALITIES, NONE OF WHICH CAN NOT
BE PREDICTED WITH CERTAINTY AND SOME OF WHICH ARE OUTSIDE OF THE COMPANY'S
CONTROL. THERE CAN NOT BE ANY WARRANTY THAT THE ESTIMATES WILL BE REALIZED AND
THE ACTUAL RESULTS MAY BE ABOVE OR BELOW THAN SPECIFIED. NONE OF THE COMPANY -
NO SHAREHOLDERS, NO DIRECTORS, NO OFFICERS, NO EMPLOYEES, NO CONSULTANTS, NO
AFFILIATES NOR ANY REPRESENTATIVES OR AFFILIATES LISTED ABOVE BEAR
RESPONSIBILITY FOR THE ACCURACY OF THE ESTIMATES PRESENTED IN THIS DOCUMENT.

The information contained in this message or document, including, but not
limited to, statements regarding the future, is applicable only as of the date
of this document and is not intended to provide any guarantees regarding
future results The Company expressly disclaims any obligation to disseminate
updates or changes to such information, including financial data or
forward-looking statements, and will not publicly release any changes that it
may make to information arising from changes in the Company's expectations,
changes in events, conditions or circumstances on which such statements
regarding the future are based, or in other events or circumstances arising
after the date of this document.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCFIFERLTISFIV