Completion of the Share Capital Increase of the Holy Land Insurance Co.

التاريخ

Ref. : 8/11/5203
Date: 27/11/2016 

Memo No.
(122/2016)

Members of SDC of Brokers and Custodians 

Dear General Manager, 

 

Subject: Completion of the Share Capital Increase of the Holy Land Insurance Co.

Greetings, 
 
Kindly be informed that the SDC has registered the share capital increase of the Holy Land Insurance Company on Sunday 27/11/2016. The share capital increase was performed through allocating (2,000,000) shares to a number of shareholders, provided that (1,836,380) shares allocated to Mr. Samer Baha'a Aldean Mohy Aldean AlModaffar are under lock-up in exchange for offering in-kind payments based upon the Jordan Securities Commission (JSC)’s Board of Commissioners decision no. (285/2016) dated 20/11/2016.
 
Thereby, the SDC record for the Capital of the Holy Land Insurance Company indicates the following:
# Company Name No. of shares increased Registered Share Capital
ISIN
Company No.
1. Holy Land Insurance Co. 2,000,000 10,000,000 JO2101011010 121010

Kind Regards, 

Khalil Naser
Chief Executive Officer

 
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