At the recommendation of its Board of Directors, STAR has undertaken a two-stage restructuring of its share capital.
The first stage involves reducing the par value of STAR’s shares from 10 TND (3.4 USD) to 5 TND (1.7 USD). As a result, the number of shares comprising the company’s capital will increase to 4 615 386 shares with a par value of 5 TND (1.7 USD) each, compared with the current 2 307 693 shares with a par value of 10 TND (3.4 USD) each.
At this stage, the company’s share capital remains unchanged at 23 076 930 TND (7 892 241 USD).
In the second stage, STAR will increase its share capital to 50 000 015 TND (17 099 855 USD).
This increase will be carried out through the capitalization of reserves and will result in the issuance of 5 384 617 new bonus shares, each with a par value of 5 TND (1.7 USD).
These measures will take effect on 22 December 2025.