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Finance 17/06/2013 Microcreditbank to place shares for 40bn soums among shareholders
Microcreditbank to place shares for 40bn soums among shareholders
Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock commercial bank “Microcreditbank” introduced changes to the prospectus of emission of the bank, which was registered by the Center for coordination and control over functioning of securities market on 21 December 2012. As reported earlier, within the emission Microcreditbank places 37,453,184 ordinary shares with par value of 1,068 soums each. Total sum of issue is over 40 billion soums.

According to the changes, the shares of the issue will be placed on closed subscription among shareholders.

In particular, the Ministry of Finance will acquire 20,131,086 shares, Central Bank of Uzbekistan 10,018,726 shares, National Bank of Uzbekistan for Foreign Economic Activity – 936,329 shares, Asaka Bank – 702,247 shares, Uzpromstroybank – 702,247 shares, Uzbektelecom – 842,696 shares, Uzbekinvest – 561,797 shares, Uzbekneftegaz – 1,404,494 shares and Uzkimyosanoat – 468,164 shares.

Other shareholders of the bank will purchase 1,685,398 shares of the Microcreditbank. In the result, the charter capital of the bank will reach 200.2 billion soums.

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