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HomeNewsTunisia: Subscription up to 75% to the capital increase of ATL

Tunisia: Subscription up to 75% to the capital increase of ATL

Stock market broker BNA Capital has just announced that the increase in cash of the capital of Arab Tunisian Lease (ATL) the company by 10 million dinars, decided by the Extraordinary General Assembly of 25/01/2019 and opened for subscription on 06/03/2019, was carried out within the limit of 75% of the amount initially planned.

The transaction was made by the issue of 10,000,000 new shares to be subscribed in cash on the basis of two (02) new shares subscribed for five (05) old shares, at an issue price of 2.100 dinars each, i.e. 1 dinar of nominal value plus an issue premium of 1.100 dinar.

The share capital is thus increased from 25 to 32.5 million dinars divided into 32,500,000 registered shares with a par value of 1 dinar each.

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