Uzavtosanoat to increase its charter capital by 216.83bn soums

The Center for coordination and development of securities market registered a prospectus of emission of Uzavtosanoat on 5 May 2014.

Within the emission, Uzavtosanoat will place 5 million ordinary shares with the par value of 43,336 soums each. Total sum of the issue makes up 216.83 billion soums.

The shares will be placed on closed subscription via increasing share of the state in the charter capital of Uzavtosanoat.

According to the prospectus of emission, 1,161,927 shares will be paid due to capitalization of income and 3,838,073 shares will be placed to the State Competition Committee of Uzbekistan.

Uzavtosanoat will receive stake in HAPO enterprises, the cost of which is 71.722 billion soums. Other part for 145.108 billion soums will be paid with cash.