Release the Lock-up on Shares of Capital Increase of Al Faris National Company for Investment & Export
التاريخ
Ref. : 8/11/5802
Date: 25/11/2019
Memo No.
(66/2019)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Release the Lock-up on Shares of Capital Increase of Al Faris National Company for Investment & Export
Greetings,
In accordance with the decision of the Board of Commissioners of the Jordan Securities Commission (JSC) no. (364/2017) dated 01/10/2017 including the approval of registering the share capital increase of (10,000,000) shares of Al Faris National Company for Investment & Export through allocating these shares to strategic shareholders mentioned in the company's resolution no. (1) dated 12/07/2017, 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 Al Faris National Company for Investment & Export on 26/11/2019 upon the lapse of two years from the completion date of issuing these shares at the JSC.
Thereby, the SDC record for Al Faris National Company for Investment & Export indicates the following:
| Issuer Information | Security Information | ||||
| Registration No. | Institution No. | Subscribed Capital | No. of lock-up Shares to be Released |
ISIN
|
Security No. |
| 373 | 200001093 | 16,000,000 | 10,000,000 | JO3123211018 | 131232 |
Kind Regards,
Khalil Naser
Chief Executive Officer
