Jordan Securities Commission Registers New Securities on May 12.2013

12-May-2013

On May 12.2013 Jordan Securities Commission (JSC) Board of Commissioners chaired by HE Mr Mohammed Saleh Hourani decided by virtue of the provisions of Article (5) of the Securities Law No. (76) for the year 2002, to approve registration of the following securities & to address the Securities Depository Center (SDC) to register them, respectively:

1. Twenty third issuance of Jordanian Treasury Bonds for the year 2013 at a maturity date on April 17.2016, at a value of JD (75) million.
2. Twenty fifth issuance of Jordanian Treasury Bonds for the year 2013 at a maturity date on April 24.2018, at a value of JD (75) million.
3. Fourth issuance of Jordanian Treasury Bills for the year 2013 at a maturity date on April 15.2014, at a value of JD (75) million.

Furthermore, on May 1.2013, the Board decided by virtue of the provisions of Article (5) of the Securities Law No. (76) for the year 2002, to approve registration of the following securities & to address the (SDC) to register them, respectively:

1. Twenty second issuance of Jordanian Treasury Bonds for the year 2013 at a maturity date on April 10.2015, at a value of JD (75) million.
2. Capital increase in shares of Jordan Industries & Match Public Shareholding Company of (2.500.000) million shares, via capitalizing JD (17.604) thousand of voluntary reserve & JD (2.482.396) million of retained earnings. Distribute this increase to shareholders as free shares; each shareholder according to his contribution in the capital. Fees must be settled as deemed proper.
3. Corporate Bond of Jordan Trade Facilities Company of (200) bonds, at a nominal value of JD (25.000) per bond, at a total value of JD (5) million via non public offer in condition of the following:

A. Trade the Corporate Bond, transfer its ownership via the (SDC) & address the Amman Stock Exchange (ASE) not to list it.
B. Adhere that the number of subscribers &/or holders in the Corporate Bond do not exceed (30) person at any time & until the maturity date.
C. Settle fees as deemed proper.