Kyrgyz Post placed shares on the Kyrgyz Stock Exchange as part of an increase in its authorized capital

Kyrgyz Post conducted a closed placement of shares on the Kyrgyz Stock Exchange as part of the fifth additional issue aimed at increasing the company's authorized capital. The trading took place on December 3.

A total of 43,344 ordinary registered shares with a par value of 500 KGS each were sold on the exchange. The total placement amounted to 21 million 672 thousand KGS. The entire issue was placed through a single transaction in the non-listing sector.

The decision to issue the shares was made at an extraordinary general meeting of shareholders on November 12. All votes — 5.58 million (100%) — were cast in favor.

In accordance with the decision, a closed additional issue of ordinary registered shares is being carried out. They are being placed in favor of the Ministry of Digital Development and Innovative Technologies to increase its share.