SAAP Nego

SAAP Nego

Special Application Acceptance Platform of the Toshkent Stock Exchange for identifying potential buyers when concluding transactions in the Nego Board negotiated auction section

Attention!

In accordance with the decision of the Supervisory Board of JSC Toshkent Stock Exchange dated April 10, 2023, amendments and additions were made to the Rules of Securities Trading of the Toshkent Stock Exchange, effective from April 14, 2023, according to which the selection of a potential buyer is considered valid provided that applications for the offered lot are submitted by at least two bidders.

This website was developed to ensure transparency in the sale of large share packages in the special section of the Nego Board negotiated auction and is a Special Application Acceptance Platform of the Toshkent Stock Exchange for identifying potential buyers when concluding transactions in the Nego Board negotiated auction section.

What is the Nego Board negotiated auction section?

In this section, transactions with securities packages are made in block-trading mode in the amount of at least 1 percent of the total number of issued securities (volume of securities issues as of the application date), in national currency.

Who is the platform intended for?

  1. Large investors wishing to participate in the share capital of enterprises by more than 1%.

  2. State and economic entities whose share is intended to be sold on the exchange

  3. Shareholders wishing to sell their share in the company's share capital quickly and profitably.

What are the advantages of the SAAP?

  1. Sale of a share package at the most favorable price

  2. The ability to set a specific period during which a buyer is selected

  3. Tracking price changes and the number of potential buyers in real time