In accordance with the Resolution of the President of the Republic of Uzbekistan dated August 27, 2024, No. RP–303“On the Establishment of the National Investment Fund of the Republic of Uzbekistan,” a task has been set to place the Fund’s shares on the Tashkent and international stock exchanges, including the London Stock Exchange, by the end of 2026.

As part of the implementation of these tasks, a working group meeting was held at the Republican Stock Exchange "Toshkent" to organize the planned initial public offering (IPO) of the National Investment Fund (“UzNIF”).

The meeting was attended by representatives of the Republican Stock Exchange "Toshkent", the National Investment Fund (“UzNIF”), the Central Securities Depository, LLC “Information and Resource Center of the Capital Market,” IT companies, as well as brokerage firms.

During the meeting, the key stages of the IPO process, its strategic parameters, and implementation mechanisms were discussed. In particular, issues related to the simultaneous placement of the Fund’s shares and global depositary receipts (GDRs) on the Tashkent and London Stock Exchanges were considered.

Following the discussions, the priority directions of the placement process were determined, implementation timelines were clarified, and the participants confirmed their readiness to fulfill the assigned tasks in a timely manner.

This IPO represents an important step in the development of the national capital market and the deepening of its integration into international financial markets.