Board’s Decisions of 10/3/2022

10-Mar-2022

- Based on the provisions of Article (12/D) of Securities Law No(18) for the year 2017, the Board decided as follows:
First: approving of covering part of the unsubscribed capital increase in shares for El-Zay Readymade Manufacturing Company of (2,761,691) million seven hundred and sixty-one thousand six hundred and ninety-one shares out of (12,761,691) twelve million seven hundred and sixty-one thousand six hundred and ninety-one shares, at  nominal  value of  share of  JD1 and its allocation in accordance with the decision of the company’s board of directors taken on February 28, 2022, as follows:
• 200.000 shares for the Al-Dawliyah for Hotels and Malls .
• 1.661.691 shares for the JORDAN WORSTED MILLS CO.
• 900.000 shares for Jordan National Bank.
Second: Banning the disposal of these shares for a period of one year from the date of completing the issuance procedures at the Commission.
Third: Completing the procedures for issuing these shares within maximum period of (30) working days from the working day following the date of the Commission’s letter of approval for the covering of shares.
 Approving the registration of the following issues of the Jordanian treasury bonds and bills for the year 2022 according to the issues conditions attached to the Central Bank letters to the Commission dated 3/3/2022, and addressing the Securities Depository Center to register them.
  The eighth-issue of  the Jordanian treasury bonds for the year 2022, at a maturity of 24/2/2024 , with the value of JD50 million, for a period 2years, the weighted average of acceptable interest reached  to 3.487%.
 The ninth- issue of the Jordanian treasury bonds for the year 2022 , at a maturity of 24/2/2025 , with the value of JD75 million, for a period 3 years, the weighted average of interest price  reached to 3.700%.
• The second- issue of the Jordanian treasury bills for the year 2022, at a maturity of 22/8/2022, with a value of JD100 million, for a period of 6 months, and the weighted average of interest price average of earning per share reached to 2.532%.
• The third- issue of the Jordanian treasury bills for the year 2022, at a maturity of JD75 million, for a period 6 months, the weighted annual rate of return reached to 2.589%.