Release the Lock-up on Shares of Capital Increase of Al Safwa Insurance Public Limited Co.
التاريخ
Ref. : 7238/2021
Date: 25/10/2021
Memo No.
(64/2021)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Release the Lock-up on Shares of Capital Increase of Al Safwa Insurance Public Limited Co.
Greetings,
In accordance with the decision of the Board of Commissioners of the Jordan Securities Commission (JSC) no. (182/2020) dated 04/10/2020 including the approval of registering the share capital increase of (1,000,000) shares of Al Safwa Insurance Public Limited Company through allocating this amount to the following shareholders:
- (500,000) shares for hada company for administrative consultation.
- (500,000) shares for green biraq company for administrative consultation.
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 Al Safwa Insurance Public Limited Company on 26/10/2021 upon the lapse of one year from the completion date of issuing these shares at the JSC.
Thereby, the SDC record for Al Safwa Insurance Public Limited 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. |
| 137 | 200021081 | 6,600,00 | 1,000,000 | JO2101511019 | 121015 |
Kind Regards,
Jamal Jallab
Acting Chief Executive Officer
