Completion of the Share Capital Increase of the Arabian Aviation Investment Co.

التاريخ

Ref. : 8/11/1274
Date: 01/03/2017 

Memo No.
(15/2017)

Members of SDC of Brokers and Custodians 

Dear General Manager, 

 

Subject: Completion of the Share Capital Increase of the Arabian Aviation Investment Co.

Greetings, 
 
Kindly be informed that the SDC has completed the process of registered the share capital increase of (3,000,000) shares of the Arabian Aviation Investment Company on Wednesday 01/03/2017 which are allocated to the “Rum Group For Transportation & Tourism Investment”, provided that these shares are under lock-up for two years from the completion date of the issuance procedures at the Jordan Securities Commission (JSC) based upon the JSC’s Board of Commissioners decision no. (43/2017) dated 23/02/2017.

The share capital increase of the said amount reflects converting the company's debts (6,000,000) JOD to the amount of issued shares.
 
Thereby, the SDC record for the Capital of the Arabian Aviation Investment Company indicates the following:
# Company Name No. of shares increased Registered Share Capital
ISIN
Company No.
1. Arabian Aviation Investment Co. 3,000,000 6,000,000 JO4121811015 141218

Kind Regards, 

Khalil Naser
Chief Executive Officer

 
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