Release the Lock-up on Shares of Capital Increase of the Jordan Projects For Tourism Development Co.

التاريخ

Ref. : 8/11/5236
Date: 22/11/2017 

Memo No.
(104/2017)

Members of SDC of Brokers and Custodians 

Dear General Manager, 

 

Subject: Release the Lock-up on Shares of Capital Increase of the Jordan Projects For Tourism Development Co.

Greetings, 
 
In accordance with the decision of the Board of Commissioners of the Jordan Securities Commission (JSC) no. (209/2015) dated 21/10/2015 including the approval of registering the share capital increase of (9,000,000) shares of the Jordan Projects For Tourism Development Company by allocating them to the shareholders of those mentioned in the JSC’s decision, provided that these shares are under lock-up for two years 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 Jordan Projects For Tourism Development Company on 23/11/2017 upon the lapse of two year from the completion date of issuing these shares at the JSC.

Thereby, the SDC record for the Jordan Projects For Tourism Development 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.
339 200021008 30,500,000 9,000,000 JO3121111012 131211

Kind Regards, 

Khalil Naser
Chief Executive Officer

 
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