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Thursday 17 June 2021
HomeNewsTunisia: SFBT announces capital increase of 33 million dinars

Tunisia: SFBT announces capital increase of 33 million dinars

The Tunisian Beverage Manufacturing Company (SFBT) announced Tuesday that its Board of Directors decided at its March 6 meeting to propose at the next Extraordinary General Meeting a capital increase of 33 million dinars, by incorporation of special investment reserves (investments within the company) for an amount of 32,592,360 dinars and deduction of an amount of 407,640 dinars from the special investment account that became available.

This increase will result in the issue of 33,000,000 shares of one dinar each, for a new free share for 4 old.

The board will propose to this meeting that the right to use the free new shares be fixed as of January 1, 2017.

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