SFBT Opens Board of Directors to Small Shareholders
The SFBT is opening its board of directors to small shareholders, a decision that will be formalized during an elective general assembly held at the company's headquarters in the Centre Urbain Nord of Tunis. The objective is clear: to elect an administrator dedicated to defending minority shareholders. This representative will serve for a period of three years, covering the fiscal years 2026 to 2028.
Eligibility Criteria
The election targets very specific investor profiles. Individual shareholders must hold less than 0.5% of the company's capital, while institutional investors must hold less than 5%. This mechanism allows for the isolation of the influence of major shareholders, giving a real voice to smaller ones. At the heart of the board, this administrator will ensure a balance of power and protect common interests.
Election Details
The election is scheduled for March 5, 2026, at 10:00 a.m. To ensure transparency, the list of candidates is already available at the company's headquarters, in accordance with the rules of the Financial Market Council. Participants must bring a valid ID or a signed power of attorney. This approach reinforces the trust of savers in the governance of the SFBT, ensuring that every strategic decision benefits all shareholders, without exception.
Key Points
- Election of an administrator dedicated to minority shareholders
- Three-year term, covering fiscal years 2026 to 2028
- Eligibility criteria: individual shareholders with less than 0.5% of capital, institutional investors with less than 5%
- Election scheduled for March 5, 2026, at 10:00 a.m.
- Transparency measures: list of candidates available at the company's headquarters, ID or power of attorney required for participants