Tunis Stock Exchange Gives Green Light to Taraji Holding's IPO
The Tunis Stock Exchange gave its principle agreement today, June 24, 2025, for the listing of Taraji Holding's shares on the main market. This decision marks a significant step in the company's IPO process, but remains conditional upon obtaining the visa from the Financial Market Council (FMC).
The Tunis Stock Exchange's agreement constitutes a first validation of Taraji Holding's file, which aspires to join the exclusive club of listed companies. However, the effective listing on the main market can only take place after the examination and approval of the FMC, the authority responsible for regulating and ensuring transparency in Tunisia's financial markets.
Taraji Holding, a recently established entity linked to the prestigious Espérance Sportive de Tunis football club, aims to structure its economic activities through this holding. The IPO could enable the company to raise funds to finance new projects and strengthen its governance.
If successful, this operation would mark a turning point for the sports sector in Tunisia, paving the way for a more advanced financialization of professional sports, particularly through access to capital markets. It also testifies to a renewed interest in the Tunisian stock market, following a period marked by a low dynamic of IPOs.
No date has been announced for obtaining the FMC visa or for the opening of subscriptions.