October 15, 2018 / 6:39 AM / a month ago

Kazakhstan state nuclear firm Kazatomprom to list GDRs in London

Oct 15 (Reuters) - Kazakhstan state nuclear firm Kazatomprom said on Monday that it intends to float global depository receipts (GDRs) representing an interest in its ordinary shares on the London Stock Exchange.

Kazatomprom, the world’s largest producer of natural uranium, said the GDR initial public offering would involve the sale of its securities by JSC Sovereign Wealth Fund Samruk-Kazyna, its sole shareholder. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Bernard Orr)

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