At the extraordinary general meeting of shareholders of the Company on September 5, 2024, a decision was made to reduce the authorized capital of the company from 3 352 228 756 080 sums to 3 326 788 930 820 sums by reducing (cancelling) 22 218 188 pieces of ordinary uncertificated registered shares with a total par value of 25 439 825 260 sums belonging to the shareholder of the Company - the Ministry of Economy and Finance of the Republic of Uzbekistan.
In accordance with Article 20 of the Law of the Republic of Uzbekistan “On Joint Stock Companies and Protection of Shareholders' Rights”, we inform you that on the basis of the decision of the sole shareholder of JSC “Uzkimyosanoat” dated December 20, 2021 No. 8, the authorized capital of the company has been reduced from 913 074 237 605 (nine hundred thirteen billion seventy-four million two hundred thirty-seven thousand six hundred five) UZS up to 904 343 636 650 (nine hundred four billion three hundred forty three million six hundred thirty six thousand six hundred fifty) UZS by cancellation of 7 624 979 ordinary registered uncertified shares with a total par value of 8 730 600 955 UZS belonging to the Ministry of Finance of the Republic of Uzbekistan.
O'zbekiston Respublikasi Vazirlar Mahkamasining Qarori, 23.01.2004y. №33
The decision of the State Commission for Conduct of the Tender Sales at Sales of the State-owned Property (reg.: №02/1-1328 from September 30, 2019) amended the conditions for the sale of shares in JSC "Ferganaazot", providing for the sale of shares by selecting the best offers of potential investors with the participation of an investment consultant