Ipoteka Bank Launches 391bn Soum Share Issue

Tashkent, Uzbekistan (UzDaily.com) — Ipoteka Bank has registered an additional share issuance worth 391.3 billion Uzbek soums as of 7 April 2026, according to official disclosures.

The securities will be placed on the over-the-counter market at a price of 1.1 soum per share, compared with a current market value of 2.78 soum per share.

On April 30, the bank issued an official notice to shareholders informing them of their pre-emptive rights to purchase shares within the framework of the new issuance.

The International Finance Corporation (IFC) is acting as a key investor in the transaction. The placement is being carried out through a private subscription on a closed basis, while maintaining the rights of existing shareholders.

Shareholders eligible to participate in the offering are those included in the registry as of March 18, 2026, the date on which the issuance decision was approved. The registry itself was closed on 16 March 2026, in accordance with the T+2 settlement cycle.

Existing shareholders are entitled to exercise their pre-emptive rights in proportion to their ownership stake within 10 calendar days of the notice publication.

As a result, the deadline for submitting applications is set for May 8, 2026, inclusive, as May 9 and 10 fall on weekends.