Release the Lock-up on Shares of Capital Increase of Elzay Ready Wear Manufacturing Co.

التاريخ
Ref. : 4165/2023
Date: 08/06/2023 

Memo No.
(31/2023)

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.

Greetings, 
 

In accordance with the decision of the Board of Commissioners of the Jordan Securities Commission (JSC) no. (60/2022) dated 10/03/2022 including the approval of covering part of unsubscribed capital of Elzay Ready Wear Manufacturing Company which amount to (2,761,691) shares and allocating these shares based upon the JSC's decision dated 28/02/2022, 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 09/06/2023 upon the lapse of one year from the completion date of issuing these shares at the JSC.

Thereby, the SDC record for 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 2,761,691 JO4106111019 141061

Kind Regards, 

Sarah Tarawneh
Chief Executive Officer

 
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