Privatization. Shareholder news.

The decree of the Government of Republic of Kazakhstan from December 30, 2015 № 1141 “On some issues of privatization for 2016 – 2020” (hereinafter - Decree) provides the transfer of the organizations of “Samruk-Energo” JSC group to the competitive environment.
In pursuance of the Decree JSC “Sovereign wealth Fund “Samruk-Kazyna” approved a list of the large subsidiaries and affiliated companies of “Samruk-Kazyna” JSC, which have a social and economic mean, and possession and (or) use and (or) disposition of which will affect the state of national security of the Republic of Kazakhstan, suggested to transfer to the competitive environment in priority basis (Annex 1), and list of suggested to transfer to the competitive environment (Annex 2).
Realization of assets exercises in accordance with the Unified rules for realization, restructuring of assets by JSC “Sovereign wealth Fund “Samruk-Kazyna” and organizations, fifty or more of shares (interest) of which are directly or indirectly owned by “Samruk-Kazyna” JSC on the right of property or trust management (hereinafter – Rules).
“AlES” JSC included into the Appendix 1, realization of which will be exercised in accordance with the Rules by the involvement of independent consultant to assess the value, the methods and conditions of assets realization.
More information is available on the website of "Samruk-Energo" at: http://www.samruk-energy.kz