HomeNewsTunisia: Land'Or mobilize 21,000 new shareholders

Tunisia: Land’Or mobilize 21,000 new shareholders

The bell of the Tunis Stock Exchange was operated on Thursday, March 7, 2013, to announce the start of trading of Land’Or.

The operation has attracted a total of 21,000 new shareholders, said Chairman of the Board of Directors of the Stock Exchange, Fadhel Abdelkefi. The expressed demand was approximately 14 times the amount offered.

The amount mobilized by the market totaled 10.92 million dinars.

In addition, the IPO of Land’Or follows a capital increase carried out by issuing 1,456,000 shares distributed at a price of 7.500 per share of 1 dinar, through a public offering with firm price on 582,000 shares and a guaranteed investment of 874,000 shares.

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