Completion of the Share Capital Increase of the Middle East Pharmaceutical & Chemical Industries & Medical Appliances Co.
التاريخ
Ref. : 8/11/2039
Date: 14/04/2019
Memo No.
(23/2019)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Completion of the Share Capital Increase of the Middle East Pharmaceutical & Chemical Industries & Medical Appliances Co.
Greetings,
Kindly be informed that the SDC has completed the process of registered the share capital increase of (5,000,000) shares of the Middle East Pharmaceutical & Chemical Industries & Medical Appliances Company on Sunday 14/04/2019, provided that these shares are under lock-up for one year from the completion date of the issuance procedures at the Jordan Securities Commission (JSC).
The share capital increase is conducted based upon the JSC’s Board of Commissioners decision no. (96/2019) dated 09/04/2019, the approval of the Ministry of Industry, Trade, and Supply on 31/01/2019, and the company's General Assembly's resolution made in its extraordinary meeting held on 31/07/2018.
Kindly be informed that the SDC has completed the process of registered the share capital increase of (5,000,000) shares of the Middle East Pharmaceutical & Chemical Industries & Medical Appliances Company on Sunday 14/04/2019, provided that these shares are under lock-up for one year from the completion date of the issuance procedures at the Jordan Securities Commission (JSC).
The share capital increase is conducted based upon the JSC’s Board of Commissioners decision no. (96/2019) dated 09/04/2019, the approval of the Ministry of Industry, Trade, and Supply on 31/01/2019, and the company's General Assembly's resolution made in its extraordinary meeting held on 31/07/2018.
The share capital increase of the said amount reflects converting part of the company's debts to the amount of issued shares.
Thereby, the SDC record for the Capital of the Middle East Pharmaceutical & Chemical Industries & Medical Appliances Company indicates the following:
| # | Company Name | No. of shares increased | Registered Share Capital |
ISIN
|
Company No. |
| 1. | Middle East Pharmaceutical & Chemical Industries & Medical Appliances Co. | 5,000,000 | 6,250,583 | JO4107311014 | 141073 |
Kind Regards,
Khalil Naser
Chief Executive Officer
