Information on the placement of JSC “UzGasTrade” shares
| Name | Number of Shares, units | Share in Authorized Capital, % |
|---|---|---|
| Ministry of Economy and Finance of the Republic of Uzbekistan | 10 000 000 | 100% |
Acquisition of Shares
The acquisition of shares shall be carried out in the following cases; shares shall be placed in accordance with the legislation of the Republic of Uzbekistan and the Charter of the Company:
- A decision of the General Meeting of Shareholders to reduce the authorized capital of the Company by decreasing the total number of shares;
- A relevant decision of the Supervisory Board of the Company on the subsequent resale of shares;
- In the event that the General Meeting of Shareholders adopts a decision and shareholders, for valid reasons, voted against such decision or did not participate in the voting, in the following cases:
- Reorganization of the Company;
- Consolidation of placed shares;
- Conclusion of a major transaction on the acquisition or alienation of property by the bank in accordance with paragraphs two and three of Article 84 of the Law of the Republic of Uzbekistan “On Joint-Stock Companies and Protection of Shareholders’ Rights”;
- Introduction of amendments and additions to the Charter in a new edition or approval of the Charter that restrict shareholders’ rights.
The acquisition by “UzGasTrade” JSC of its own shares shall be carried out independently or through professional participants of the securities market.