Completion of the Share Capital Increase of the Jordan Poultry Processing & Marketing Co.

Date: 10/02/2016

On Wednesday February 10, 2016 the SDC completed the process of registering the share capital increase of (9,534,305) shares of the Jordan Poultry Processing & Marketing Company.

The share capital increase of the said amount reflects public offering directed to all shareholders of the company.

Thereby, the SDC records of the Jordan Poultry Processing & Marketing Company indicates the raise of its capital from (14,024,000) shares to a registered capital of (23,558,305) shares as a result of the mentioned share capital increase.

The above mentioned procedure is conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on August 13, 2015 which was granted the approval of the Ministry of Industry, Trade, and Supply on October 13, 2015, and upon the approval of the Jordan Securities Commission on the Share Capital Increase issued in January 5, 2016.

 

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