Jordan Securities Commission Registers New securities 25/01/2012

On January 24.2012 Jordan Securities Commission (JSC) Board of Commissioners, decided to approve new securities registration for a number of companies. Provisions of Article (5) of the Securities Law No. (76) for the year 2002 stipulates that: ‘Every Issuer in the Kingdom shall submit to the Commission an application for registering securities therewith in accordance with the instructions issued by the Board’. By virtue of this Article every issuer of securities is obliged to submit to the (JSC) an application to register these securities & to have (JSC) prior approval.

The Board of Commissioners approved the following:

1. Registration of the 2nd issuance of National Electricity Company bills for the year 2011 at a maturity date on November 30.2012, at a value of JD (23) million & address the Securities Depository Center (SDC) to register them.
2. Registration of the 29th issuance of Jordanian treasury bills for the year 2011 at a maturity date on March 14.2012, at a value of JD (50) million & address the Securities Depository Center (SDC) to register them.
3. Registration of the 46th issuance of Jordanian treasury bonds for the year 2011 at a maturity date on December 18.2013, at a value of JD (50) million & address the Securities Depository Center (SDC) to register them.
4. Registration of the 47th issuance of Jordanian treasury bonds for the year 2011 at a maturity date on December 20.2013, at a value of JD (50) million & address the Securities Depository Center (SDC) to register them.
5. Registration of the 48th issuance of Jordanian treasury bonds for the year 2011 at a maturity date on December 22.2013, at a value of JD (50) million & address the Securities Depository Center (SDC) to register them.
6. Registration of the 49th issuance of Jordanian treasury bonds for the year 2011 at a maturity date on December 26.2013, at a value of JD (50) million & address the Securities Depository Center (SDC) to register them.
7. Registration of the 50th issuance of Jordanian treasury bonds for the year 2011 at a maturity date on December 27.2013, at a value of JD (50) million & address the Securities Depository Center (SDC) to register them.
8. Extend the period of time to fulfill issuance procedures of capital increase in shares of Societe Generale De Banque Jordanie of (50) million shares until February 15.2012. Shares that were not fulfilled within the above stated period of time will be considered unsubscribed shares subject to (JSC) approval to be covered.