Completion of the Share Capital Increase of the National Chlorine Industries Co.

التاريخ

Ref. : 8/11/5305
Date: 29/11/2018 

Memo No.
(58/2018)

Members of SDC of Brokers and Custodians 

Dear General Manager, 

 

Subject: Completion of the Share Capital Increase of the National Chlorine Industries Co.

Greetings, 
Kindly be informed that the SDC has completed the process of registered the share capital increase of (11,000,000) shares of the National Chlorine Industries Company on Thursday 29/11/2018. The share capital increase of the said amount which reflects converting the company's debts to the amount of issued shares is allocated to the board member “Mr. Mahmoud Khalil Abu Al Rub” provided that these shares are under lock-up for one year from the completion date of the issuance procedures at the Jordan Securities Commission (JSC).

The above mentioned procedure is conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 28/04/2018 which was granted the approval of the Ministry of Industry, Trade and Supply on 23/07/2018, and upon the approval of the (JSC)’s Board of Commissioners according to the decision no. (364/2018) dated 14/11/2018.  

Thereby, the SDC record for the Capital of the National Chlorine Industries Company indicates the following:
# Company Name No. of shares increased Registered Share Capital
ISIN
Company No.
1. National Chlorine Industries Co. 11,000,000 20,000,000 JO4105411014 141054

Kind Regards, 

Khalil Naser

Chief Executive Officer

 
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