The Alternative Market is reserved for limited companies (Sociétés Anonymes) seeking admission of their shares to trading by way of a private placement to Qualified Investors, without a public offering of securities. The placement may be effected either through a primary issuance (capital increase) or a secondary sale (transfer of existing shares).
- For a primary issuance, the minimum transaction size is one million dinars;
- For a secondary sale carried out by investment vehicles (e.g., SICARs, FCPRs, etc.), no minimum amount applies..