In accordance with the Resolution of the President of the Republic of Uzbekistan dated 27 August 2024 No. PP-303 “On the Establishment of the National Investment Fund of the Republic of Uzbekistan”, a target has been set to list the Fund’s shares on the Republican Stock Exchange “Toshkent” and international stock exchanges, including the London Stock Exchange, by the end of 2026.
As part of the implementation of these objectives, JSC “National Investment Fund of the Republic of Uzbekistan” intends to publish a registration document prepared for the purposes of an initial public offering (IPO) of securities.
At the same time, the Ministry of Economy and Finance of the Republic of Uzbekistan (the Selling Shareholder) is considering the possibility of conducting an initial public offering of the Company’s ordinary shares, as well as global depositary receipts representing such shares.
In connection with the proposed offering, it is intended to admit the Company’s shares to trading on the Republican Stock Exchange “Toshkent”, as well as to list the GDRs on the Main Market of the London Stock Exchange.