“Shareholders owning 17 or more shares of KEGOC will be able to exercise the right of preemption to purchase shares, from September 28 to October 27, at the company’s SPO,” reads the report.
The current shareholders will be able to submit applications through brokers or directly to KEGOC.
The collection of applications from new investors to participate in the placement will last from October 16 to November 2. Applications for SPO can be submitted through brokers, bank and Tabys applications, as well as branches of Kazpost JSC.
The SPO of KEGOC JSC will be carried out through an additional issue according to the decision of the general meeting of Kazakhstan Electricity Grid Operating Company JSC KEGOC on the placement of common shares on the exchange of the Astana International Financial Center (AIX) and on the Kazakhstan Stock Exchange.
Photo source: picture from an open source