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17 April 2018

Transfer of direct and indirect Public shareholdings in the Capital of ZITOUNA Bank and ZITOUNA TAKAFUL Companies

The Tunisian State, AL KARAMA HOLDING and Portefeuille Invest (the “Sellers”), the controlling shareholders of BANQUE ZITOUNA S.A and ZITOUNA TAKAFUL S.A (the “Companies”), have decided to proceed, through a public tender, to the sale of majority stake representing 69.15% of the share capital of BANQUE ZITOUNA and 70% of the share capital of ZITOUNA TAKAFUL to a strategic investor(the“Strategic Investor”) who is capable to insure its management and development...