Société Tunisienne de Réassurance Tunis Re S.A. (BVMT:TRE) announced a private placement of 5,000,000 shares at a price of TND 5 per share for gross proceeds of TND 25,000,000 on September 22, 2014. Pursuant to the transaction, the company's capital will increase from TND 75,000,000 to TND 100,000,000. The shares issued in the transaction have nominal value of TND 5 per share.

The investors acquired 25% of the stake in thsi transaction.