Following the first tranche in June 2023, which increased the capital to 43,386,185 dinars, the Board of Directors of SMART Tunisie decided, at its meeting on October 28, 2024, to carry out the second tranche of the capital increase.
The operation, amounting to 7,231,030 dinars, will be carried out through the creation of 1,446,206 new bonus shares with a nominal value of 5 dinars each, on the basis of 1 new bonus share for 6 existing shares.
The Company will acquire and cancel one fractional allotment right. Upon completion of this second tranche, the share capital will be increased from 43,386,185 dinars to 50,617,215 dinars.
Shareholders will be able to exercise their allotment rights by receiving new shares free of charge in accordance with the allotment ratio defined above or by selling their allotment rights on the stock market. The allotment rights may be exercised from November 11, 2024.
The 1,446,206 new bonus shares will be entitled to dividends from January 1, 2024 and will rank pari passu with the existing shares.
The existing shares will be tradable on the stock exchange with preferential rights from November 11, 2024.
The new shares, which will be allotted free of charge, will be tradable on the stock exchange on the same quotation line as the existing shares from the opening date of the allotment, i.e. November 11, 2024.
The allotment rights will be tradable on the stock exchange from November 11, 2024.
The new free shares and the rights will be administered by TUNISIE CLEARING from November 11, 2024.
