The Warsaw Stock Exchange (WSE) has acquired a controlling stake in the Armenian Stock Exchange (AMX) in the amount of 65.03%. The seller was the Central Bank of Armenia, which owned 90.05% of AMX shares. The total value of the transaction is about 873 million AMD.

As a result of the transaction, the ownership structure of AMX will be as follows:

- WSE - 967 shares or 65.03% share in the authorized capital of the company,

- Central Bank of Armenia - 372 shares or 25.02% share in the authorized capital of the company,

- AMX - 148 ordinary shares or 9.95% share in the authorized capital of the company.

As a result of the transaction, WSE indirectly acquired control over the Central Depository of Armenia as well, 100% of the shares of which are currently owned by AMX. The total value of AMX shares acquired by WSE is AMD 826,297,550, which is paid as follows:

1. The first tranche in the amount of 498 765 150 AMD was paid during the conclusion of the share purchase and sale agreement, obtaining permission for the purchase of shares from the Central Bank of the Republic of Armenia, fulfillment of other conditions provided by the agreement;

2. The second tranche in the amount of AMD 327,532,400 is subject to payment after the completion of all procedural actions supported by AMX, which are stipulated in the share purchase agreement.