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Kazakhstan Sells Kazatomprom Shares

Friday 27 September 2019


ALMATY (GlobalCapital) — Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, has offloaded a small part of its stake in Kazatomprom, the state-owned uranium mining company, via an accelerated bookbuild on Wednesday evening.

The $123 mln sale consisted of a total 9.86 mln global depositary receipts, equivalent to a 3.8% stake in Kazatomprom. The international placing of 6.5 mln London-listed GDRs was arranged by JP Morgan.

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