The charter capital of Ferghanaazot will be increased through capitalization of net income for 2009 at the sum of 201.728 million soums.

The company will convert earlier places stocks with par value of 10,000 soums to new shares with par value of 10,050 soums each.

Sharers approved decision and prospectus of emission. In line with the document, the company will issue 3,953,879 ordinary shares and 80,691 preferential shares with nominal value of 10,050 soums. Total volume of emission will make up 40,547,428,500 soums.

At the same time, Uzkimyosanoat state joint stock company will receive 51% shares or 2,057,631 ordinary shares for 20.679 billion soums.

Share, designed to realization to investors, first of all to foreign investors, will make up 47% or 1,896,248 ordinary shares for 19.057 billion soums.

Labour collective of the enterprise will receive 2% stake from emission or 80,691 preferential shares for 810.994 million soums.

Ferghanaazot is the largest enterprise in Uzbekistan for the production of nitrogen fertilizer and it was commissioned in 1956. Currently, the plant is the largest chemical enterprise for the production of ammonium nitrate and carbamide.