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?

This section is intended for concluding transactions involving large blocks of securities through a negotiated auction. Transactions in this section are conducted in the national currency in block trading mode, with blocks representing at least 1% of the total number of securities issued and outstanding as of the order submission date.

Who is the platform intended for?

  1. Large investors

    Investors interested in acquiring large blocks of shares in companies.

  2. State entities and business entities

    State entities and business entities planning to sell their shareholdings through the exchange.

  3. Shareholders

    Shareholders planning to sell their blocks of shares through the exchange.

What are the advantages of SAAP Nego?

  1. The opportunity to sell a block of shares at the most favourable price.

  2. The ability to set the period for selecting a potential buyer.

  3. Real-time monitoring of price changes and the number of potential buyers.