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RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of April 26, 2019 No. 358

About the organization of carrying out primary and secondary public offers of shares on the stock exchange

(as amended of the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of 10.08.2020 No. 472)

In pursuance of the Presidential decree of the Republic of Uzbekistan of August 1, 2018 and for the purpose of reducing share of the state and attraction on the stock market of general population the Cabinet of Ministers decides No. UP-5495 "About Measures for Cardinal Improvement of the Investment Climate in the Republic of Uzbekistan":

1. Agree with the offer of the Agency on management of the state assets of the Republic of Uzbekistan, the Ministry of Economy and Industry, the Ministry of Finance of the Republic of Uzbekistan, governing bodies of JSC Zhizzakh plastmassa, JSC Uzbek Republican Commodity and Raw Exchange on carrying out primary (IPO) and secondary (SPO) of public offers of shares of joint-stock companies to the population and subjects of entrepreneurship, including foreign investors, according to the list according to appendix No. 1.

2. To provide to agency on management of the state assets of the Republic of Uzbekistan, the interested ministries and departments initiation of consideration at meetings of governing bodies of joint-stock companies with the state share and bodies of economic board of question of carrying out primary (IPO) and secondary (SPO) of public offers of shares of the joint-stock companies specified in appendix No. 1 to this resolution.

3. Determine that:

operation of the resolution of the Cabinet of Ministers of October 6, 2014 No. 279 "About approval of regulations on procedure for privatization of objects of state-owned property" does not extend to implementation of the state blocks of shares of the joint-stock companies specified in appendix No. 1 to this resolution by their secondary public offer (SPO) on the stock exchange, including on determination of the price of their realization;

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