Date: 16/10/2019

On Wednesday 16/10/2019 the SDC completed the process of registering the share capital increase of (56,526) shares of Sheba Metal Casting Company.

The share capital increase of the said amount reflects non-public offering and allocating these shares to the “shares to the board member “Antractica for Studies, Consulting, and Trading”.

Thereby, the SDC records of the Sheba Metal Casting Company indicates the raise of its capital from (1,193,474) shares to a registered capital of (1,250,000) shares as a result of the mentioned share capital increase.

The above mentioned procedure is conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 25/03/2018 which was granted the approval of the Ministry of Industry, Trade, and Supply on 18/04/2018, and upon the approval of the Jordan Securities Commission on the share capital increase issued on 05/09/2019.