EQDOM: The permissible grandpa explained

EQDOM: The permissible grandpa explained


The Moroccan Capital Market Authority (AMMC) explains the public purchase project (grandpa) for EQDOM shares initiated by Saham Finances, SGMB and Investima at the unit price of 1,045 dirhams. The final calendar of the operation will be determined later. The AMMC indicates that the Casablanca exchange must be validated beforehand. Note that the resumption of the EQDOM value should take place on February 11, 2025.

As a memory that Saham finances were continued on December 3 with 57.67% of the capital of SGMB, which corresponds to a 56.82% participation in EQDOM (including 3.10% through its side development). According to the above acquisition, Saham finances therefore indirectly crossed the threshold of 40% of EQDOM’s voting rights, which made the submission of a public purchase offer on the latter in accordance with the provisions of Article 18 of the above law 26-03.

The grandpa aims at all shares that were not held by the initiators Saham finance, SGMB and Investima. It is found that RCAR, CIMR and SCR have given up the titles that you put in the foreground. The offer thus refers to a total of 364,112 shares, which corresponds to 21.80% of the capital and the voting rights of EQDOM. The initiators offer other EQDOM shareholders to acquire their measures at a unit price of 1,045 MAD. The shareholders in question have the opportunity to deliver their actions completely or partially for the offer.





Source link

Spread the love
Leave a Comment

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *