Jefferies International Limited announced Tuesday that it fully exercised the greenshoe option for 3,515,608 Global Depositary Receipts of National Investment Fund of the Republic of Uzbekistan JSC in connection with the company's initial public offering.
The stabilization manager purchased the option GDRs at $25.00 per GDR, matching the original offer price, for total consideration of approximately $87.9 million. The Ministry of Economy and Finance of the Republic of Uzbekistan granted the greenshoe option. Settlement is scheduled for May 22, 2026.
The initial offering consisted of 23,437,392 GDRs, excluding the over-allotment option. Each GDR represents an interest in 64,700 ordinary shares of the issuer. The GDRs are denominated in U.S. dollars with no nominal or par value.
Jefferies International Limited also disclosed that no stabilization measures were carried out during the stabilization period, which ran from May 13, 2026 to Monday. The stabilization trading venue was the London Stock Exchange Main Market.
The Regulation S GDRs carry the ISIN US63654D1164, while the Rule 144A GDRs have the ISIN US63654D1081.
