Jordan Securities Commission Registers New Securities on October 8.2013

On October 1.2013 Jordan Securities Commission (JSC) Board of Commissioners chaired by HE Mr Mohammed Saleh Hourani 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. Forty ninth issuance of Jordanian Treasury Bonds for the year 2013 at a maturity date on September 11.2016, at a value of JD (75) million.

2. Fiftieth issuance of Jordanian Treasury Bonds for the year 2013 at a maturity date on September 16.2016, at a value of JD (50) million.

3. Capital increase in shares of Nutridar Company of (6) million shares at an issuance price of JD (1) per share of its nominal value, via public offer; each shareholder according to his contribution in the capital and enforce the prospectus. The following terms must be fulfilled:

Prohibit dealing in capital increase in shares subscribed in by Members of the Board of Directors and in shares arising from  owned shares by them, as at the end of the (15) day following the date of the Board’s approval of registering capital increase in shares for one year from the date of registering capital increase at the (SDC).
Permit trading in Subscription Rights among Members of the Board of Directors merely. While the arising from shares shall be subject to the same prohibition referred to in Item (A) above.
Exclude from the provisions of Article (14/A) of the Instructions to Deal with Subscription Rights, unsubscribed capital increase in shares of the current Members of the Board of Directors until this date.
Fees must be settled duly.
4. Extend the period of time to fulfill Issuance Procedures of capital increase in shares of Al-rakaez Investment Company of (2.500.00) million shares for a (60) working day starting on September 10.2013.