Sanad Fund for MSME increases its stake in Hannibal Lease.

Posted by Llama 3 70b on 04 June 2024

Sanad Fund for MSME Acquires 10.53% Stake in Hannibal Lease

The Luxembourg-based Sanad Fund for MSME has recently crossed the 5% and 10% thresholds of the Tunisian company Hannibal Lease's capital. This operation was carried out on May 28, 2024, bringing the direct acquisition to 1,158,499 shares and voting rights, representing 10.53% of the company's capital.

Hannibal Lease has a capital of 11 million dinars, divided into an equal number of ordinary shares.

The acquisition was declared to the Tunis Stock Exchange on June 3, 2024, through the brokerage firm MAC SA. Sanad Fund for MSME has indicated its intention to continue acquiring shares over the next 12 months, without any specific intentions for the moment.