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Tunisia: Electrostar increases its capital

Electrostar will proceed with a capital increase of 12.25 million dinars. To this end an Extraordinary General Meeting will be held on April 15, 2017 to decide on the capital increase and set its terms.

The main shareholder of the company will contribute at least 50% of the amount of the increase.

Electrostar has also announced that it is still considering doubling its capital to 49 million dinars and will therefore proceed with a second capital increase of 24.5 million by the end of 2017 and in which the main shareholder will still contribute up to 50%.

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