Jordan Securities Commission Registers New Securities on December 16.2012
16-Dec-2012
On December 11.2012 Jordan Securities Commission (JSC) Board of Commissioners chaired by H.E Mr. Mohammed Saleh Hourani, decided to approve the registration of the following securities at (JSC) by virtue of the Provisions of Article (5) of the Securities Law No. (76) for the year 2002 & to address the Securities Depository Center (SDC) to register them:
1. Registration of the 59th issuance of Jordanian treasury bonds for the year 2012 at a maturity date on November 13.2015, at a value of JD (50) million.
2. Registration of the 60th issuance of Jordanian treasury bonds for the year 2012 at a maturity date on November 20.2015, at a value of JD (75) million.
3. Registration of the 61st issuance of Jordanian treasury bonds for the year 2012 at a maturity date on November 27.2014, at a value of JD (80) million.
4. Registration of the 19th issuance of Jordanian treasury bills for the year 2012 at a maturity date on November 18.2013, at a value of JD (75) million.
5. Registration of the 20th issuance of Jordanian treasury bills for the year 2012 at a maturity date on November 22.2013, at a value of JD (70) million.
6. Extending the period of time to fulfill issuance procedures of capital increase in shares of Arab Jordanian Insurance Group Company of (2.5) million shares from December 6 to 31.2012.
It also decided to pursue suspending trading of Al-Ahlia Enterprises Company until further notice.
On December 4.2012, the Board of Commissioners decided to approve the registration of the following securities at (JSC) & to address the (SDC):
1. Registration of the 57th issuance of Jordanian treasury bonds for the year 2012 at a maturity date on November 8.2014, at a value of JD (50) million.
2. Registration of the 58th issuance of Jordanian treasury bonds for the year 2012 at a maturity date on November 11.2015, at a value of JD (50) million.
3. Covering (10.601.804) million shares of unsubscribed capital increase in shares via non public offer of Zara Investment (Holding) Company & allocating these shares to the following:
Name Number of Shares
Najwa Mohammad Madi 2.000.000
International Maserah Company –Bahrain 8.601.804
At an issuance price of (90%) of the share market price or of its nominal value of JD (1) per share, which is higher on the date of the Board of Commissioners approval to cover, in condition the following terms are fulfilled:
• It is prohibited to deal in these shares for one year from the date of fulfilling issuance procedures at the Commission.
• Shares issuance procedures must be fulfilled within (10) working days from notifying the Company of the Boards’ decision.