Jul 14 2010 |
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Listing of "Ennakl" shares in Tunis and Casablanca launched
TUNISIAONLINENEWS - The listing of " Ennakl " shares was simultaneously launched on Tuesday in Tunis and Casablanca.This launch took place in Casablanca in the presence of Mr. Mohamed Sakher El Materi, President of " Ennakl ," together with the Mr. Karim Hajji General Manager of the Casablanca Stock Exchange .
A first of its kind in the Maghreb, the simultaneous launch of a brand on two stock exchanges met with great public success. The initial stock price for this simultaneous transaction was set at 10.700 Tunisian dinars and 64.22 Moroccan dirhams, respectaively.
The demand for shares was oversubscribed 23 times in Tunisia, and 10 times in Morocco.
The President of Attijariwafa Bank, Mr. Mohamed El Kettani, as well as Mr. Habib Ben Yahia, the Secretary General of the Arab Maghreb Union (AMU), also took part in the event.
© Tunisia Online News 2010
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