Société d'Articles Hygiéniques Société Anonyme (BVMT:SAH) announced that a private placement of 5,026,597 common shares having nominal value of TND 1 at a price of TND 10 per share for gross proceeds of TND 50,265,970 on May 8, 2019. The shares will be issued at a premium of TND 9 per share. The transaction will include participation from existing shareholders at the rate of 1 share for twelve old shares, from May 16, 2019 to June 21, 2019. Post closing of the transaction, the capital of the company will increase from TND 60,300,000 to TND 65,265,970.