KYIV. Nov 30 (Interfax-Ukraine) – On November 22, the National Securities and Stock Market Commission approved new regulation on the procedure for issuing shares, registering and canceling registration of share issue No. 1308.
As reported on the commission’s website, the norms of this document apply to joint-stock companies that have decided to issue shares, increase or decrease the charter capital, terminate the company through liquidation, transformation or merger, consolidation or splitting of shares, as well as cancellation of repurchased and/or otherwise acquired company shares without changing the size of the company’s charter capital.
It is indicated that on the same day, by decision No. 1309, the National Securities and Stock Market Commission declared invalid decision of the same name dated 02.10.2022 No. 98 and sent it to the Ministry of Justice for the cancellation procedure.
The National Securities and Stock Market Commission did not comment on the main changes, but said that they would be published after the Ministry of Justice canceled the previous decision.
“Please note that the new regulation comes into force from the date of publication on the official website of the National Securities and Stock Market Commission. And it will be published after the cancellation of decision No. 98,” the Commission indicated.