Board’s Decisions of Feb/21/2021

-   Approving the registration  of the  capital increase in shares of Arab Life and Accident Insurance Company of  (4,000,000) million shares with a  nominal value of JD1 per share, and an issuance discount of JD (0.60) per share or 90% of the last closing price of the company’s share on  the date of the Board of Commissioner’s approval, whichever is higher, provided that:

• Banning the disposal of shares for one year from the date of completing the issuing procedures with the Commission.
• Completing the procedures of issuing these shares within a maximum 30 working days from the next working day of the date of the Commission’s letter approving the registration of the shares.
• Payment of the prescribed fees.