(Ecofin Agency) - Tunisie Valeurs, a financial institution specialized in asset management, will sell 704,572 shares, representing 35.23% of its equity, during its Initial Public Offering (IPO) on Tunis stock exchange.  

Let’s note that Conseil du marché financier (CMF) the council regulating this market in the country has already approved the offering. Tunisie Valeurs which has been in operation for 27 years, plans to sell the shares at DT31. This group owned at 50.52% by Integra partners expects to raise DT21.8 million thanks to this IPO.

As far as Tunisie valeurs’ shareholders are concerned, this opening will help increase the group’s reputation nationally and internationally. It will also secure the company and provide it with the fiscal advantages granted by the introduction of 30% of its share on the stock exchange.

Chamberline Moko