Hannibal Lease has been given a visa from the Tunisian Financial Market Council that will grant it a capital increase of 11,480 million dinars.
The breakdown of the allocation will be 8,610 million dinars per subscription in cash for 1,772,000 of new shares, 2,870 million dinars through reserves and distribution of 574,000 free new shares.
The pricing will be 8 dinars each and new share subscriptions will be paid in full.
The National Oil Corporation (NOC) has confirmed that all technical and operational activities at its oil fields and ports are functioning normally and safely.
The national hydrocarbons company, SONATRACH, intends to implement an investment plan of 40 billion dollars over five (05) years, of which 51% in Dinars, in particular through the start of production and the ramp-up of several deposits, SONATRACH CEO Toufik Hakkar said Thursday in a New Year message.
National Oil Corporation acquires Norwegian Yara’s 50% stake in Libyan-Norwegian For fertilizers company “With the grace of god whom we thank, on Thursday 31/12/2020, the National Oil Corporation acquired the 50% participation of Yara, the Norwegian company.
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