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Paynet Issues Shares Worth 547 Bn Soums

The price of each share is set at 500 soums
Paynet terminal – Photo: Hafiza Mukhtorova / Kursiv Uzbekistan

The payment operator Paynet has issued shares totalling 547.62 bn soums, according to information published on the Unified Corporate Information Portal.

The National Agency for Prospective Projects of Uzbekistan registered the share issuance on March 14. Each share is valued at 500 soums, and the total issuance involves more than one billion shares.

Kursiv Uzbekistan also reports tha in January Paynet announced plans to acquire JSC “National Interbank Processing Center (Humo). The deal was valued at $65 mln.