Transferring between markets
Name of service
Transferring between markets
Division
Listing
Recipients of Service
Listed Public Shareholding Companies
Available Forms to Perform Service
None
Service Description
Re-classifying the listed companies between the ASE Markets according to their financial statements
Requirements and Conditions of Service
- Conditions of transferring between the Markets are identified in the Articles (5), (7), (9), (10) and (29) of Listing Securities Directives.
Required Documents
- Audited annual financial statements
- A statement indicating the Free Float details of the company, at the end of the year.
- A statement indicating the number of shareholders at the end of the year
Steps and procedures for implementing the service
After providing the ASE with the required statements, the ASE reviews and compares them with transfer conditions in order to transfer companies to the proper market.
Service Fees
None
Approximate Time for Completing the Service
- All companies that shall be transferred to another market (according to the conditions) are transferred on April 15th, of each year. or the first working day following the transfer if it was an official holiday,
- While companies who meet the transfer conditions after April 15th, are transferred one by one
Contact Details
Listing and Operations Dept. / The ASE
- Phone: 0096265664109
- 1300/1301/1302/1308
- Email: listing@ase.com.jo