Start of negotiations on the title "TUNISIE VALUES"

28/09/2018

The Tunis Stock Exchange hosts today on its main market, the company TUNISIE VALUES, the first broker to be listed. This listing, the first of the year 2018, brings to 82 the number of companies listed.

At 10 am, M. Fadhel ABDELKAFI and M. Walid SAIBI, respectively Chairman of the Board and Chief Executive Officer of the company, rang the bell, announcing the start of listing the stock exchange.

The initial public offering of the company "Tunisie Valeurs" was realized by means of a Fixed Price Offer of 604,572 shares and a Private Placement of 100,000 shares, ie a total of 704,572 shares representing 35,23 % of the share capital. The share was sold at a price of 31 dinars. The operation involved a total amount of 21.8MD.

The result of the offering of the securities through the Firm Price Offer revealed a demand representing 11 times the quantity offered, attracting 3,802 new shareholders, while the Private Placement was made with 4 investors.

Through this introduction, "Tunisie Valeurs" aims to equip itself with the means of its ambitions, to increase its reputation on the national and international level, to guarantee the liquidity of the title, to perpetuate its activity and to benefit from the tax advantage.

On the day of its introduction, the market capitalization of "Tunisie Valeurs" amounts to 61MD. The security is traded in the Trading Group 11 in continuous mode, under the ISIN Code "TN0007790017" and the "TVAL" Mnemonic.