Article (130)
i— In the case of offering new shares for public subscription, a prospectus shall be issued containing, in particular, the following details:
1— The reasons for the capital increase.
2— The resolution of the extraordinary or the ordinary general assembly, as the case may be, authorizing the capital increase.
3— The capital of the company at the time of issuing the new shares, the amount of the proposed increase, the number of the new shares and the issue premium, if any.
4— A statement on the in-kind shares, if any.
5— A statement on the average profits distributed by the company during the three years preceding the capital increase.
6— A declaration from the auditor certifying the details mentioned in the prospectus.
ii— The chairman of the board of directors and the auditor shall sign the prospectus and shall be jointly liable for the accuracy of the details contained therein.