On October 3, 2016 “Urganch yog-moy” JSC’s extraordinary general shareholder’s meeting was held in Urgench, in the main office of the company.

On October 3, 2016 “Urganch yog-moy” JSC’s extraordinary general shareholder’s meeting was held in Urgench, in the main office of the company.

Holders of 86.96 percent of the Company’s shares took part in the meeting.

The meeting discussed 9 items of the agenda in total, which included:

1. Increase of authorized capital by means of additional share placement.
2. Non-application of shareholder pre-emption right.
3. Approval of decision of issuance and PO prospectus.
4. Definition and sanction of the deals, (major deals) closed during company’s current operational activities for independent conclusion by executive body with affiliated persons.
5. Approval of the long-term development strategy of the Company.
6. Approval of the 5 years business-plan of the company.
7. Approval of the changes into management structure of the Company.
8. Approval of the changes into charter of the Company.
9. Reelection of the supervisory board of the Company.