Capital Markets & Securities
Guidance for issuers and investors on offerings, listings and ongoing disclosure
Jordan's capital markets have developed steadily, and with them the regulatory expectations placed on issuers. Our capital markets practice advises companies raising capital, shareholders selling into the market, and investors taking positions in listed and unlisted securities.
The work covers the structuring of an offering, preparation and review of the prospectus and subscription documentation, the approval pathway before the Jordan Securities Commission, and admission to trading. We also advise on private placements, rights issues, capital increases and reductions, and the treatment of convertible and hybrid instruments.
After the transaction closes, the obligations begin. We advise listed and regulated clients on continuing disclosure, insider dealing and market abuse rules, substantial shareholding notifications, related-party approvals and the governance requirements attached to a listing — and on the consequences when a disclosure obligation has been missed.
Regulatory timetables drive transaction timetables in this area more than most. We map the approval pathway and the information the regulator will ask for at the start of a mandate, so that the documentation is prepared against the real submission deadline rather than an optimistic one, and so the issuer knows in advance which obligations survive completion.
Key Highlights
- Public offerings, private placements and rights issues
- Prospectus and subscription documentation
- Regulatory approvals and admission to trading
- Continuing disclosure and market abuse compliance
- Substantial shareholding and takeover notifications
- Securitization and structured instruments
The firm's services in capital markets and securities include:
- Offering Structuring: Advising on the form of an offering, investor eligibility and the applicable regulatory route.
- Prospectus Work: Preparing and reviewing prospectuses, information memoranda and subscription documentation.
- Regulatory Approvals: Managing submissions to the Jordan Securities Commission and related regulatory correspondence.
- Listings & Admission: Advising on admission to trading and the obligations that attach to a listed issuer.
- Capital Restructuring: Capital increases and reductions, share buy-backs and conversion of instruments.
- Continuing Obligations: Advising on periodic and ad hoc disclosure, insider lists and market abuse controls.
- Shareholding Notifications: Advising on substantial shareholding, concert party and mandatory offer thresholds.
- Securitization: Advising on securitization structures and the documentation supporting them.
- Investor Advisory: Acting for investors on subscription, shareholder protections and exit mechanics.
- Employee Securities: Advising on the securities-law treatment of employee share and option plans.
Representative Matters
Offerings and Placements
Advising issuers and selling shareholders on public offerings, private placements and the associated documentation.
Regulatory Pathways
Managing submissions and no-objection processes for transactions involving regulated securities.
Disclosure Compliance
Advising listed issuers on continuing disclosure, insider controls and the handling of missed obligations.
Investor-Side Advisory
Acting for institutional and strategic investors on subscription terms, protections and exit mechanics.
Matter descriptions are given in general terms. Client identities and transaction details are confidential.