HomeNewsTunisia: ATB’s capital increase is done

Tunisia: ATB’s capital increase is done

The 28 000 000 investment certificates issued within the framework of the increase of ATB Bank capital reserved to the Arab Bank and decided by the Extraordinary General Assembly held on November 26, 2021, were fully subscribed, informs the bank.

The certificates, released on December 16, 2021, were subscribed at the unit price of 2.500 dinars, or 1 dinar nominal value and 1.500 dinars issue premium per investment certificate.

Following this increase, the registered capital of the Arab Tunisian Bank is brought from 100,000,000 up to 128,000,000 dinars divided into 100,000,000 ordinary shares with a nominal value of one (01) dinar each and 28,000,000 investment certificates with a nominal value of one (01) dinar each.

In accordance with article 378 of the Commercial Companies Code, 28,000,000 voting right certificates are created and will be distributed among the holders of shares as they appear on the shareholders’ register closed at the end of the trading day of December 16, 2021, in proportion to their rights.

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