Tunis Re Successfully Completes Capital Increase to 200 MDT

Tunis Re, a prominent player in the Tunisian financial sector, has successfully completed its capital increase, raising its social capital from 100 million dinars (MDT) to 200 MDT. This significant development was achieved through a two-stage process, as decided by the Extraordinary General Assembly on April 24, 2026. The capital increase was realized through the incorporation of 25 MDT from the "Primes d'émission" account and a cash increase of 75 MDT.

The first stage of the capital increase involved the incorporation of 25 MDT, resulting in the creation of 5 million new free shares, each with a nominal value of 5 dinars. These shares were allocated to existing shareholders and assignees of attribution rights on the stock market, at a rate of one new share for every four old shares. This move was part of Tunis Re's efforts to strengthen its financial position and enhance its market presence.

The second stage of the capital increase involved a cash injection of 75 MDT, achieved through the issuance of 15 million new shares. The subscription was carried out at a rate of three new shares for every four old shares, with an issuance price of 8 dinars per share, comprising a nominal value of 5 dinars and an issuance premium of 3 dinars. This successful cash increase further solidifies Tunis Re's financial foundation.

Following the completion of the capital increase, Tunis Re's social capital now stands at 200 MDT, divided into 40 million nominal shares, each with a value of 5 dinars. The company's articles of association have been modified accordingly, reflecting this significant change. The successful completion of this capital increase demonstrates Tunis Re's commitment to strengthening its financial position and pursuing growth opportunities.

The capital increase was carried out in accordance with the regulations and guidelines set by the Financial Market Council (CMF), which granted the necessary visa (n° 26-1184) on August 31, 2026. This development is expected to have a positive impact on Tunis Re's market presence and competitiveness, enabling the company to pursue new business opportunities and drive growth.

Tunis Re's successful capital increase is a significant milestone for the company, demonstrating its ability to adapt to changing market conditions and capitalize on new opportunities. The company's management and shareholders can be confident in the company's strengthened financial position, which will enable it to pursue its strategic objectives and drive long-term growth.

The successful completion of the capital increase is a testament to Tunis Re's resilience and determination to maintain its position as a leading player in the Tunisian financial sector. The company's ability to raise its social capital to 200 MDT will undoubtedly enhance its market presence and competitiveness, positioning it for future success.

Key points

• Tunis Re raises its social capital from 100 to 200 MDT through a two-stage capital increase.