Home Government Entities Government Agencies

Increasing Capital by private placement

Estimated Time: 
Two working days after completing all necessary procedures
Location: 
Listing Division
Estimated Fee: 

(0.0004) of the company’s capital-increase shares, where the collected fees plus annual listing fees should not exceed JD 3000  per annum

1
  • Description
  • Procedures
  • Required Documents
  • Persons benefiting from the service
  • Files
  • Related Services

Increasing the capital of a listed company through its shareholders. The application which submitted by the company shall be reviewed to make sure that it fulfills all the conditions and requirements, then the capital of the company is increased according to particular procedures.

Conditions for obtaining service

Conditions mentioned in Article (12) of Listing Securities Directives. Completing all the necessary procedures at the JSC and the SDC A quittance certificate issued by the Administration and Financial Dept. at the ASE

Notes

none

Partner institutions:

none

Procedures

  • The JSC approval on capital increase through private placement.
  • Subscription Rights shall be listed and de-listed according to the provisions of the Instructions of Dealing with Subscription Rights in force.
  • Completing the capital increase procedures at the JSC and the SDC
  • Reviewing the application to make sure that it contains all required information
  • Determining  a day to list the  capital-increase shares

Required Documents

The application of capital increase, including the following:

1-The company's articles of association, memorandum of association after the amendment

 2-Names of the shareholders who own (5%) or more of the company's shares.

3-The names of the members of the Board of Directors ,and the names and positions of the top executive management , and the securities owned by any of them or their relatives.

4-The Prospectus, if the offering was for more than 30 shareholders.

5-Issuance coverage results

Persons benefiting from the service

Listed public shareholding companies

Files

No Found Files

Related Services

  • Electronic Archiving System (Ezpublish)
  • Management Information System (MIS)
  • Technical support for Market Watch online program
  • Back-up Trading floor at the ASE
  • Auditing on the Brokerage Firms Systems
  • Amending the the Internet Trading program
  • Trading Stations
  • Inquiry Stations
  • SMS Notification System of the executed orders
  • Changing the Companys Name
  • Membership of the ASE
  • Listing of Government bonds, Treasury Bills and Public Institutions Bonds
  • receiving complaints of investors
  • Public Takeover Bid
  • Online Trading Data Dissemination (Feedshop Program)
  • Disseminating data via Ticker Tape on websites
  • Trading Data Dissemination
  • Trading Data Dissemination via mobile phone
  • Trading Data Dissemination via GL screens
  • Trading Data Dissemination via T.V channels
  • Increasing the Company's Capital through Stock Dividends
  • Training students and those who are interested in Securities at the ASE
  • Receiving Delegations from different parts
  • The preparation of the ASE Newsletter
  • Preparing and updating some Introductory brochures for the ASE
  • Organizing Awareness lectures for those who are interested in securities
  • Index Review
  • Annual report of the ASE
  • Trading Reports and bulletins and general information about the listed companies.
  • Answering the inquiries that are received to the ASE
  • Listing of bonds, Treasury Bills and Government Bonds
  • Filling questionnaires received from Arab and international institutions
  • Updating the ASE information on the WFE, FEAS and AFE
  • Providing the AMF with Trading Data
  • Acquisition of a 100% of a company’s capital
  • Activity of non-Jordanian investment at the ASE
  • Merging companies to form a new company
  • Listing of Corporate Bonds Issued by Public Shareholding Companies
  • Decreasing the Capital of a Company
  • Transferring between markets
  • Listing of Islamic Sukuk
  • Listing of Jordanian- Non- Jordanian Closed Investment Fund
  • Practical Training Program on the Electronic Trading System
  • Following up arbitration request submitted according to Amman Stock Exchange directives for dispute resolution
  • Change the Company’s Symbol / Sector
  • Execution of Block Trades
  • Execution of block trades excluded from price thresholds
  • Companies merger when one of them is the merging company and the other is the merged one
  • Capital restructuring
  • Answer the inquiries received from the courts and specialized official parties
  • Increasing Capital by Strategic investor or public offering or debt capitalization
  • Internet Trading
  • Transactions to sell securities required upon a court sentence or upon request by relevant official parties

    • Was it useful?