Board's Deciscion 17/07/2012

25-Jul-2012

Covering unsubscribed capital increase in shares of Jordan Clothing Company of (200.269) thousand shares at the share nominal value of JD (1) per share or at an issuance price of not less than (90%) of the share market value of which is higher on the approval date of the Board of Commissioners. Allocating these shares to Messrs. of Jordan Engineers Association/Social Insurance Fund. Fulfilling shares issuance procedures within at least (10) working days from notifying the Company of the Boards’ decision.