Start of trading on the "Smart Tunisia" stock

The Tunis Stock Exchange celebrates, today, the introduction on the main market of the Official List, the company "Smart Tunisia". This introduction brings to 80 the number of listed companies.


On this occasion, the Tunis Stock Exchange organized a ceremony to celebrate the start of trading of the shares "Smart Tunisia", in the presence of the Chairman of the Financial Market Council, the executives, the Tunis Stock Exchange, Tunisie Clearing, the Association of brokerage firms, the brokers in the stock market and the media.


At 9 o'clock, Mr Abdelwaheb ESSAFI, CEO of the company, and the shareholders rang the bell, announcing the beginning of the quotation of the share on the stock exchange.


The listing of the company "Smart Tunisie" was carried out through a Firm Price Offer of 1 568 616 shares and a Global Placement of 627 480 shares, that is to say 2 196 096 shares representing 30.37% of the share capital. The price of the share is 25.5 dinars. The operation concerned a total amount of 56MD.


The result of the placement of shares through the Firm Price Offer has shown a demand representing 1.25 times the quantity offered, attracting 1 879 new shareholders, while the Global Placement has been fully subscribed by 35 investors.


Through this introduction, "Smart Tunisie" aims at reinforcing its equity and rebalancing its financial structure, increasing its notoriety and benefiting from the tax advantage.


On the day of its introduction, the market capitalization of the company "Smart Tunisie" is 184.4MD.  The security is negotiated in the quotation group “11”according to the continuous mode, under the ISIN Code “TNQPQXRODTH8 " and the Mnemonic " SMART ".


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