Release the Lock-up on Shares of Capital Increase of Elzay Ready Wear Manufacturing Co.
Ref. : 10924/2022
Date: 27/12/2022
Memo No.
(64/2022)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Release the Lock-up on Shares of Capital Increase of Elzay Ready Wear Manufacturing Co.
In accordance with the decision of the Board of Commissioners of the Jordan Securities Commission (JSC) no. (229/2021) dated 19/12/2021 including the approval of covering part of the share capital increase of (5,100,000) shares of the Elzay Ready Wear Manufacturing Company through allocation these shares to Messers. “Jordan Armed Forces – Arab Army” , 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 Elzay Ready Wear Manufacturing Company on 28/12/2022 upon the lapse of one year from the completion date of issuing these shares at the JSC.
Thereby, the SDC record for the Elzay Ready Wear Manufacturing 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. |
| 217 | 200012929 | 20,000,000 | 5,100,000 | JO4106111019 | 1410161 |
Kind Regards,
Sarah Tarawneh
Chief Executive Officer
