Shareholders of UZEX distributed net income for 2010

According to the decision of shareholders, 51% of net income or 1.267 billion soums will be directed to payment of dividends. The exchange will pay 50.70083 soums of dividends per ordinary share.

Total number of shares, on which dividends are paid, makes up 24,986,140 shares. Dividends will be paid with money resources.

Shareholders allocated 5% of net income or 124.198 million soums to formation of reserve fund and 6.28% of net income or 155.891 million soums to remuneration board members.

The exchange will direct 14.68% of net income or 364.611 million soums to modernization of technical and technologic complex of UZEX, and 14.39% or 357.445 million soums to repayment interests on loan.

Other part at the size of 214.993 million soums (8.65%), in line with the decision of shareholders, remained undistributed.

As reported earlier, net income of Uzbekistan Commodity Exchange (UZEX) grew from 1.128 billion soums in 2009 to 2.484 billion soums in 2010.