Board of Commissioners Decisions on November 5.2013

On November 5.2013 Jordan Securities Commission (JSC) Board of Commissioners chaired by HE Mr Mohammed Saleh Hourani decided to register capital increase in shares of Al-qaria Food and Vegetable Oil Industries Company of (5) million shares at an issuance price of JD (1) representing the nominal value, an issuance discount of JD (0.222) per share via non public offer and allocate (4.5) million shares to Mr Tareq Mohammed Ibrahim Al-Hassan and (0.5) million shares to Messrs. of Injaz for Supply and Distribution, a Limited Liability Company. The following terms must be fulfilled:

1. Prohibit dealing in capital increase in shares for two years starting from the date of fulfilling issuance procedures at the Commission.
2. Shares issuance procedures must be fulfilled within at least (10) working days from notifying the Company of the Board’s decision.
3. Fees must be settled duly.

The Board of Commissioners decided also to approve the Memorandum of Understanding (MOU) between the Jordan Securities Commission (JSC) and Qatar Financial Markets Authority (QFMA). On behalf of the Commission, the Chairman shall be authorized to sign this (MOU) with the Qatari counterpart.

Furthermore, on November 12.2013 the (JSC) Board of Commissioners decided by virtue of the provisions of Article (5) of the Securities Law No. (76) for the year 2002, to register the following securities and to address the Securities Depository Center (SDC) to register them, respectively:

1. Fifty eighth issuance of Jordanian Treasury Bonds for the year 2013 at a maturity date on October 10.2016, at a value of JD (50) million.
2. Fifty ninth issuance of Jordanian Treasury Bonds for the year 2013 at a maturity date on October 22.2015, at a value of JD (50) million.
3. Sixtieth issuance of Jordanian Treasury Bonds for the year 2013 at a maturity date on October 24.2018, at a value of JD (75) million.