Release the Lock-up on Shares of Capital Increase of the Jordanian Pharmaceutical Manufacturing Co.
Ref. : 131/2023
Date: 05/01/2023
Memo No.
(01/2023)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Release the Lock-up on Shares of Capital Increase of the Jordanian Pharmaceutical Manufacturing Co.
In accordance with the decision of the Board of Commissioners of the Jordan Securities Commission (JSC) no. (243/2021) dated 27/12/2021 including the approval of registering the share capital increase of (44,444,444) shares of the Jordanian Pharmaceutical Manufacturing Company through allocation this amount to the Board members mentioned in the Jordan Securities Commission (JSC)’s letter 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 Jordanian Pharmaceutical Manufacturing Company on 06/01/2023 upon the lapse of one year from the completion date of issuing these shares at the JSC.
Thereby, the SDC record for the Jordanian Pharmaceutical 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. |
| 347 | 200009492 | 69,756,944 | 44,444,444 | JO4120411015 | 141204 |
Kind Regards,
Sarah Tarawneh
Chief Executive Officer
