Alliance Assurances: share capital increase

Alliance assurancesAlliance Assurances increased its share capital by 1 323 428 280 DZD (9 975 010 USD), thus raising it from 2 205 714 180 DZD (16 625 000 USD) to 3 529 142 460 DZD (26 600 000 USD).

The operation was carried out through the incorporation of part of the reserves. It involves the issuance of 3 482 706 bonus shares with a nominal value of 380 DZD (2.86 USD) each, on the basis of 3 bonus shares allocated for every 5 shares held.

This capital increase follows the decisions of the two Extraordinary General Assembly meetings held on 23 May 2019 and 10 September 2020.

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