| ID: |
TRE.TSE |
| Announcement Date: |
27-Dec-11 |
| Status: |
Approved |
| Old Outstanding Shares: |
9,000,000 |
| New Shares Subscribed: |
6,000,000 |
| New Outstanding Shares: |
15,000,000 |
| Subscription Percentage: |
66.67% |
| Ratio: |
1.667 |
| Currency: |
TND |
| Purchase Price: |
10 |
| Premium: |
5 |
| Total Purchase Price: |
10 |
| Par Value: |
5 |
| Rescinded Event: |
No |
| Comments: |
The EGM on December 6, 2010 was held and approved the capital increase from TND 45 million to TND 75 million.
On December 27, 2011, the BOD approved to increase the company's capital through a 66.67% rights issue. |
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| Source: |
Tunis Stock Exchange (BVMT)
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First Published:
27-Dec-11
Last Updated: 27-Dec-11
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Glossary
Currency - The currency that the price is stated in
New Outstanding Shares - Total shares after rights issue, equal to the old outstanding shares plus the new shares subscribed
New Shares Subscribed - Shares that are available for subscription
Old Outstanding Shares - Outstanding shares before the rights issue
Par Value - The par value of the stock
Premium - The premium and / or administrative cost per share
Purchase Price - The cost per share of the rights issue, usually equal to the par value
Ratio - The percentage of shares that shareholders can subscribe to.
Rescinded Event - Indicates whether the event has been withdrawn or not
Status - States if the CA has been approved, still under proposal, or cancelled
Subscription Percentage - The percentage of shares that shareholders have the right to subscribe to
Total Purchase Price - The total cost per share of the rights issue, equal to the purchase price plus premium
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