Release the Lock-up on Shares of Capital Increase of the Middle East Complex For Engineering, Electronics & Heavy Industries Co.

التاريخ

Ref. : 8/11/5049
Date: 07/10/2019 

Memo No.
(58/2019)

Members of SDC of Brokers and Custodians 

Dear General Manager, 

 

Subject: Release the Lock-up on Shares of Capital Increase of the Middle East Complex For Engineering, Electronics & Heavy Industries Co.

Greetings, 
 
In accordance with the decision of the Board of Commissioners of the Jordan Securities Commission (JSC) no. (295/2018) dated 13/09/2018 including the approval of registering the share capital increase of (14,972,503) shares of the Middle East Complex For Engineering, Electronics & Heavy Industries Company through allocating these shares to the Privatization Holding Company - Jordan, 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 Middle East Complex For Engineering, Electronics & Heavy Industries Company on 08/10/2019 upon the lapse of one year from the completion date of issuing these shares at the JSC.

Thereby, the SDC record for the Middle East Complex For Engineering, Electronics & Heavy Industries 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.
255 200012805 44,923,120 14,972,503 JO4109711013 141097

Kind Regards, 

Khalil Naser
Chief Executive Officer

 
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