Partner Investment Now Holds More Than 89 Percent Of SITS Capital

Posted by Llama 3 70b on 10 September 2025

Simplified Public Tender Offer (OPAS) for Tuniso-Saoudienne Real Estate Company (SITS) Shares Concludes

The Simplified Public Tender Offer (OPAS) for shares of the Tuniso-Saoudienne Real Estate Company (SITS) came to a close on September 9, 2025, at a unit price of 3 dinars per share. This operation was initiated by Partner Investment SARL, acting in concert with Founders Capital Partners, with the aim of acquiring up to 1,916,284 shares, representing 12.28% of SITS' capital.

Initial Stake

At the opening of the offer, Partner Investment and Founders Capital Partners already held 13,683,716 shares, representing 87.72% of the company's capital.

Acquisition of Shares

During the operation period, 231,279 shares were acquired on the stock exchange. Following the conclusion of the OPAS, Partner Investment holds, directly and in concert with Founders Capital Partners, a total of 13,914,995 shares, equivalent to 89.20% of SITS' capital.