Algeria's Commission for Organization and Supervision of Stock Exchange Operations announced the close of RELAXI Spa’s participating securities subscription, with investors taking up 171,000 of the 400,000 securities offered, a subscription rate of 42.75%. The subscribed securities will be admitted to the official list on the emerging segment of the debt securities market, with admission and the first trading session set for Oct. 8, 2026. The securities have a nominal and issue price of DZD 1,000 each and a seven-year term, with repayment in full at the end of the seventh year. The issuance, approved by the authority on Sept. 17, 2025, was directed at professional investors, comprising institutional and qualified investors.
Algeria's Commission for Organization and Supervision of Stock Exchange Operations sets Oct 8 listing for 171,000 RELAXI participating securities
Algeria's Commission for Organization and Supervision of Stock Exchange Operations closed RELAXI Spa’s participating securities subscription after investors took up 171,000 of the 400,000 securities offered, or 42.75%. The securities will be admitted to the emerging segment of the debt securities market and begin trading on Oct. 8, 2026.