Release the Lock-up on Shares of Capital Increase of the Holy Land Insurance Co.
التاريخ
Ref. : 8/1/367
Date: 19/01/2017
Memo No.
(02/2017)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Release the Lock-up on Shares of Capital Increase of the Holy Land Insurance Co.
Greetings,
In accordance with the decision of the Board of Commissioners of the Jordan Securities Commission (JSC) no. (4/2016) dated 05/01/2016 including the approval of covering unsubscribed capital increase in shares of the Holy Land Insurance Company which amount to (1,392,271) share through allocating these shares to the shareholders mentioned in the JSC's decision, 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 Holy Land Insurance Company on 21/01/2017 upon the lapse of one year from the completion date of issuing these shares at the JSC.
Thereby, the SDC record for the Holy Land Insurance Company indicates the following:
Thereby, the SDC record for the Holy Land Insurance 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. |
| 136 | 200023041 | 10,000,000 | 1,392,271 | JO2101011010 | 121010 |
Kind Regards,
Khalil Naser
Chief Executive Officer
