HomeNewsTunisia: Belkhiria's SOPAT to exit stock market

Tunisia: Belkhiria’s SOPAT to exit stock market

The listing of SOPAT’s shares will be suspended as of September 20, 2023. The suspension follows the filing with the Financial Market Council (CMF) of a request to launch a public takeover bid for the shares of Société de Production Agricole de Téboulba (SOPAT).

According to this application, “La Rose Blanche Group”, which will hold more than 95% of the voting rights in SOPAT, intends to launch a public offer to acquire the shares it does not hold in the capital of the said company, in accordance with the provisions of Article 173 of the General Stock Exchange Regulations.

As at December 31, 2022, Kamel Belkhiria’s company, which has not yet published its half-yearly balance sheet for the current financial year, reported revenues of TND 177 million and profits of TND 0.606 million.


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