/ News
22.12.2018

Government approved regulations on the procedure for conducting auctions for the sale of shares of open joint-stock companies

The Resolution of the Council of Ministers of the Republic of Belarus of 17 December 2018 No. 909 introduced supplements into the Resolution of the Council of Ministers of the Republic of Belarus of 31 December 2010 No. 1929, the National Legal Internet Portal of the Republic of Belarus informs.

In particular, the Resolution No. 1929 is supplemented by the Regulations on the procedure for conducting auctions for the sale of shares of open joint-stock companies in the open trading system Joint Stock Company Belarusian Currency and Stock Exchange. According to the Regulations, the organization of such auctions is carried out by the privatization body, which functions include determining, in accordance with the legislation, the initial selling price of shares, the starting price of one share and block of shares, the size of the step of the price of one share and block of shares, setting the date of the auction, the size of the deposit (not more than 10 % of the initial price of the sale of shares), etc.

The Resolution was officially published in Russian on the National Legal Internet Portal of the Republic of Belarus on 19 December 2018 and entered into force after its official publication.