Functional Brands closes $8 million private placement and completes Nasdaq listing
ASTANA - JSC National Atomic Company Kazatomprom announced Friday it will hold an Extraordinary General Meeting (EGM) of shareholders on December 19, 2025, to vote on a new edition of its Corporate Governance Code.
The Kazakhstan-based uranium producer said the meeting will be conducted through absentee voting, with ballots accepted from December 10 until December 18 at 18:00 local time. Vote counting will take place on December 19.
The proposed new code aims to improve corporate governance by introducing competitive selection processes for independent directors, establishing gender quotas for governing bodies, and reducing involvement from majority shareholder Samruk-Kazyna JSC in company operations.
Kazatomprom’s Board of Directors preliminarily approved the new code on October 8. The company noted that the updated document aligns with best corporate governance practices and mirrors recent changes to Samruk-Kazyna’s own governance code.
The meeting agenda contains a single item: approval of the new Corporate Governance Code, which would replace the current version approved in May 2015.
Shareholders included in the company register as of November 19 will be eligible to participate in the vote. Materials for the meeting will be available to shareholders at least 10 days before the meeting date, according to the company’s statement.
Holders of Global Depositary Receipts can vote on behalf of beneficial owners provided they submit required identification information through Citibank N.A. to Kazakhstan’s Central Securities Depository.
Kazatomprom is listed on both the Astana International Exchange (AIX:KAP, KAP.Y) and the London Stock Exchange (LSE:KAP).
The announcement was made through a press release issued by the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.