Jordan Securities Commission Registers New Securities on March 4.2014

On March 4.2014 Jordan Securities Commission 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. Nine issuance of Jordanian Treasury Bonds for the year 2014 at a maturity date on February 6.2019, at a value of JD (50) million.
2. Capital increase in shares of National Steel Industry Company of (1) million shares, at an issuance price of JD (1) per share or an issuance price of not less than (90%) of the share market price of which is higher on the approval date of the Board via non public issuance. Allocate these shares to Nasry Al-Mifleh and Partners Trading Company. The following terms must be fulfilled:

? Prohibit the dealing in these shares for one year from the date of fulfilling issuance procedures at the Commission.
? Shares issuance procedures must be fulfilled within at least (10) working days from notifying the Company of the Board’s decision.
? Fees must be settled duly.

(*) To calculate the price: in case the share is not traded on the date of the Board of Commissioners decision, the last trading price prior to the approval date of the Board to register capital increase in shares shall be accredited.