Board's Decisions in 5/9/2019

05-Sep-2019

Decision of 5/9/2019
- Approving the registration of the following bonds:

• Approving the registration of the fiftieth issue of treasury bonds for the year 2019, at a maturity of 18/8/2034 at a value of JD (150) million, with an option to be reopened in the future without exceeding the amount of JD 200 million.

• Approving the registration of the fifty-first issue of treasury bonds for the year 2019, at a maturity of 20/8/2026 at a value of JD (150) million, with an option to be reopened in the future without exceeding the amount of JD 200 million.

• Approving the registration of the fifty-second issue of treasury bonds for the year 2019, maturing on 22/8/2021 at a value of JD (150) million, with an option to be reopened in the future without exceeding the amount of JD 200 million.

And addressing the Securities Depository Center to register the sold bonds, provided that registration of bonds arising from the opening of the issuance shall be considered upon the Ministry of Finance request.

- Approving Sheba Metal Casting Co.’s request to cover the unsubscribed shares of its capital increase of 56,526 shares with a nominal value of JD 1, and an issuance discount of JD 0.5 per share, or 90% of the last closing price of the company's share on the date of the Board's approval whichever is higher, and allocating them to the shareholder Antarctica Trading Company, in accordance with the decision of the Board of Directors of the company taken on 7/18/2019, provided that the procedures for issuing these shares are completed within a maximum of (30) working days from the next working day of the date of the Commission's letter containing the company's notification of the Board decision.
- Approving the registration of Ms. Mahmoud Khorma’s to perform the activities of financial brokerage in the local financial market, after paying the prescribed fees.