Release the Lock-up on Shares of Capital Increase of the National Steel Industry Co.

التاريخ

Ref. : 8/11/3982
Date:25/08/2016 

Memo No.
(94/2016)

Members of SDC of Brokers and Custodians 

Dear General Manager, 

 

Subject: Release the Lock-up on Shares of Capital Increase of the National Steel Industry Co.

Greetings, 
 
In accordance with the decision of the Board of Commissioners of the Jordan Securities Commission (JSC) no. (157/2015) dated 04/08/2015 including the approval of registering the share capital increase of (770,487) shares of the National Steel Industry Company through converting the company's debts to the amount of issued shares, 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 Steel Industry Company on 26/08/2016 upon the lapse of one year from the completion date of issuing these shares at the JSC.

Thereby, the SDC record for the National Steel Industry Company indicates the following:
 
Security Information Issuer Information
Registration No. Institution No. Subscribed Capital No. of lock-up Shares to be Released
ISIN
Security No.
125 200013393 2,941,768 770,487 JO4101111014 141011

Kind Regards, 

Khalil Naser
Chief Executive Officer

 
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