Release the Lock-up on Shares of Capital Increase of the National Chlorine Industries Co.

التاريخ

Ref. : 8/11/6010
Date: 05/12/2019 

Memo No.
(67/2019)

Members of SDC of Brokers and Custodians 

Dear General Manager, 

 

Subject: Release the Lock-up on Shares of Capital Increase of the National Chlorine Industries Co.

Greetings, 
 
In accordance with the decision of the Board of Commissioners of the Jordan Securities Commission (JSC) no. (364/2018) dated 14/11/2018 including the approval of registering the share capital increase of (11,000,000) shares of the National Chlorine Industries Company through the capitalization (11,000,000) JOD from the account “Due to related parties” and allocating these shares to Mr. Mahmoud Khalil Abu Al-Rab, provided that these shares are under lock-up for one year from the completion date of the issuance procedures at the JSC.
 
Whereas, the SDC will release the lock-up on the shares of capital increase of the National Chlorine Industries Company on 06/12/2019 upon the lapse of one year from the completion date of issuing these shares at the JSC.

Thereby, the SDC record for the National Chlorine Industries Company indicates the following:

Issuer Information Security Information
Registration No. Institution No. Subscribed Capital No. of lock-up Shares to be Released
ISIN
Security No.
212 200025144 20,000,000 11,000,000 JO4105411014 141054

Kind Regards, 

Khalil Naser
Chief Executive Officer

 
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