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Authorised capital

Authorised capital

Posted in Corporate management

The JSC statutory fund is formed of the assessed value of property and other assets of the transformed government enterprise, divided equally as nominal value of the JSC shares, acquired by shareholders.

The size of the statutory fund is 741 953 265 074,00 sums, divided into 189 563 941 shares, including:

  • 98,81% - 733 148 495 062,00 sums, divided into 187 314 383 shares;
  • 1,19% - 8 804 770 012,00 sums, divided into 2 249 558 shares – the share fraction of natural and juridical persons (placed).

The nominal value of each share is 3 914 sums.

The JSC issues ordinary and privileged registered shares, with the nominal value 3 914 sums each, in the cashless form, in the number of  189 563 941 pieces.

  • ordinary registered shares in the number of 187 314 383 pieces.
  • privileged registered shares numbering 2 249 558 shares.
  • the JSC is entitled to place, in addition to the placed shares, 402 231 300 pieces of declared ordinary shares to the amount of 1 574 333 308 200 sums with the nominal value of 3 914 sums, and 22 495 580 units 88 047 700 120 sum are entitled to place preferential shares.

Every participant of the JSC, after having taken possession of the share, gets the rights and duties, implied by this charter, and subsequently is named ‘shareholder’.

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