Jordan Securities Commission Registers New Securities on May 14.2014

18-May-2014

On May 13 and 14.2014 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. Twenty five issuance of Jordanian Treasury Bonds for the year 2014 at a maturity date on April 9.2017, at a value of JD (75) million.
2. Twenty six issuance of Jordanian Treasury Bonds for the year 2014 at a maturity date on April 13.2019, at a value of JD (50) million.
3. Twenty seven issuance of Jordanian Treasury Bonds for the year 2014 at a maturity date on April 15.2016, at a value of JD (50) million.
4. Twenty eight issuance of Jordanian Treasury Bonds for the year 2014 at a maturity date on April 17.2017, at a value of JD (75) million.
5. Twenty nine issuance of Jordanian Treasury Bonds for the year 2014 at a maturity date on April 21.2019, at a value of JD (50) million.
6. Thirty issuance of Jordanian Treasury Bonds for the year 2014 at a maturity date on April 23.2017, at a value of JD (50) million.
7. Thirty one issuance of Jordanian Treasury Bonds for the year 2014 at a maturity date on April 28.2017, at a value of JD (50) million.
8. Thirty two issuance of Jordanian Treasury Bonds for the year 2014 at a maturity date on May 4.2016, at a value of JD (75) million.
9. Thirteen issuance of Jordanian Treasury Bonds for the year 2014 at a maturity date on February 23.2016, at a value of JD (75) million.

The Board of Commissioners decided also to register capital increase in shares of Jordan Ahli Bank Company of JD (10) million shares, via capitalizing JD (9.345.817) from the issuance premium account and JD (654.183) from the retained earnings account. Distribute free shares to shareholders according to their contribution in the capital and settle fees duly.

Moreover, the Board of Commissioners decided to register capital increase in shares of Arab Orient Insurance Company of JD (1.402.502) million shares, via capitalizing JD (1.402.502) from the retained earnings account. Distribute free shares to shareholders according to their contribution in the capital and settle fees duly.