amman stock exchange otc

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C.       When the ASE is informed of the voluntary liquidation resolution passed by the company's extraordinary general assembly. All the cases determined by the ASE. B. Subscription rights shall be traded in and cancelled according to the provisions of the Directives of Dealing in Subscription Rights in force. Directives of Trading with Securities at the Amman Stock Exchange Instructions for investigation, inspection and auditing Corporate Governance Directives for the year 2017 2. G.       Upon the issuance of an announcement by the Companies Controller contains a brief of the merger contract, the results of the re-evaluation, the opening balance sheet of the merging company or the company resulting from merger, or upon the issuance of the approval of the merger by any other competent official authority, as of the trading session following the notification of the ASE of the said announcement and until the completion of merger procedures with the JSC and the SDC. 1These Directives are issued in Arabic and translated into English. The ASE in cooperation with the Jordan Securities Commission (JSC) and the Securities Depository Center (SDC) prepared new Directives, which allow trading at the OTC, and modified the Listing Securities Directives at the ASE in consistence with the establishment of this market; accordingly, the OTC Market is established. The company's shares shall be returned to trading after the demise of the suspension reasons, by virtue to a decision issued by the same authority that issued the suspension decision. C.       Subject to the provision of paragraph (A) of this Article, capital increase shares of an OTC-Traded company shall be allowed for trading within five working days from the date of completing all issuance procedures. A quarterly report compared to the same period of the previous fiscal year which includes the company's financial statements reviewed by its auditor, within one month from end of the relevant quarter.

The company that is allowed to be traded in the OTC Market  shall follow-up and coordinates with the Companies Controller and any other competent authority to notify the ASE of the voluntary and compulsory liquidation decisions, reduction of capital, merger and capital restructuring. A- The shares issued in the Hashemite Kingdom of Jordan and registered with the JSC and The SDC shall be traded in the OTC Market unless they are listed and traded at the ASE in accordance with the Listing Securities Directives in force.

Terms and Conditions for the Use of Amman Stock Exchange Website, © 2020 Amman Stock Exchange - All Rights Reserved, Membership By-law of the ASE for the Year 2018, Directives of listing the Islamic Finance Sukuk, The Regulating Directives for Trading in Unlisted Securities, Instructions for Allowances and Fees for Services Provided by ASE to Others, Directives of Trading with Securities at the Amman Stock Exchange, Instructions for investigation, inspection and auditing, Corporate Governance Directives for the year 2017, Bases of providing live trading data to ASE's members, Directives of The Over-The-Counter Market. B. Suspension of trading cases determined by the JSC or the ASE if the suspension decision does not include permission for the trading in the OTC Market.

•  Companies which have never been listed at the ASE. Transferring the OTC-Traded Securities to the ASE's Organized Markets.

This company has been listed in the OTC and regular market. Trading in securities in this market shall be suspended in the following cases: •  Changing the legal status of the company, or written it off from the Ministry of Industry and Trade's records. 6. Issued by virtue of the provisions of Article (69) Of the Securities law No.18 of 2017 and the provisions of Article (8) Of the article of association of the Amman Stock Exchange Company adopted by the decision of the Board of Commissioners of the Jordan Securities Commission No. OTC-Traded companies should disclose the following data: •  Information and decisions passed by them, which might affect the price of the share.

The Regulating Directives for Trading in Unlisted Securities at the ASE for the year (2016) shall be repealed. B- Cases determined by the JSC or by the ASE with the approval of the JSC, or cases where trading in the shares of the company is prohibited under any legislation in force, including the following cases shall be excluded from the provision of paragraph (A) of this Article: 5. •  Any information or statements deemed necessary by the ASE. These Directives shall be called "Directives of The Over-The-Counter Market at the Amman Stock Exchange Company for the year 2018" and shall come into force as of 1/8/2018. The Chief Executive Officer(CEO) of Amman Stock Exchange (ASE) Mr. You can click on the tabs above to view the historical indicators for each. Terms and Conditions for the Use of Amman Stock Exchange Website, © 2020 Amman Stock Exchange - All Rights Reserved, Membership By-law of the ASE for the Year 2018, Directives of listing the Islamic Finance Sukuk, The Regulating Directives for Trading in Unlisted Securities, Instructions for Allowances and Fees for Services Provided by ASE to Others, Directives of Trading with Securities at the Amman Stock Exchange, Instructions for investigation, inspection and auditing, Corporate Governance Directives for the year 2017, Bases of providing live trading data to ASE's members, Directives of The Over-The-Counter Market.

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