BNA Assurances Officially Listed on the Main Market of the Tunis Stock Exchange
Today, Wednesday, August 6, marks the official listing of BNA Assurances' shares on the main market of the Tunis Stock Exchange. This direct listing was made possible thanks to the obtaining of the visa from the Financial Market Council (CMF), issued on the same day, August 6, 2025. This decision follows the principle agreement of the Stock Exchange Council, given on June 24, 2025.
The objective of this operation is clear for BNA Assurances: to increase its notoriety through enhanced media visibility, strengthen its credibility and the confidence of investors, and above all, increase the liquidity of its title on the market. The company, whose shares (formerly AMI Assurances) were already traded over-the-counter since December 10, 2014, has demonstrated its compliance with the requirements of the main market. As of May 31, 2025, BNA Assurances showed a 25.1% share capital distribution rate, well above the required 10%, and counted 60,480 shareholders, far exceeding the minimum of 200.
The introduction price of its 87,391,790 shares, with a nominal value of one dinar each, will be equal to the weighted average price of the five last trading sessions preceding this introduction day.
The company has committed to respecting several good governance measures, including reserving at least one seat on the Board of Directors for minority shareholders and providing transparent annual financial communication. On its part, BNA Bank, the reference shareholder, has made the crucial commitment not to sell more than 5% of its stake over the next two years without CMF authorization and not to develop local competing activities. It is specified that the CMF visa attests to the relevance of the information provided to investors, without judging the opportunity of the operation. A detailed prospectus is available free of charge to the public.
