Sun 04 2021 10:26:34

Tashkent, Uzbekistan (UzDaily.com) – Uzbekneftegaz will issue additional shares, the press service of the company said.

In line with the resolution of the President of the Republic of Uzbekistan from 9 July 2019 “On measures for sustainable provision of the population and the economy with energy resources, financial recovery of the oil and gas industry and improvement of the management system”, the reorganization of Jarkurgonneft JSC was determined by joining to Uzbekneftegaz.

As previously reported, in order to ensure the implementation of this resolution, a joint general meeting of shareholders of Uzbekneftegaz and Jarkurgonneft was held on 22 December 2020. It approved the new version of the Charter of Uzbekneftegaz JSC.

On 15 April, the Ministry of Finance of the Republic of Uzbekistan made a decision to issue additional shares of Uzbekneftegaz, which will be placed among the shareholders of Jarkurganneft JSC - the only shareholder of Uzbekneftegaz with ordinary shares.

 
 

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