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Sat, 04 Jul 2009 | 21:05 GMT
 
  Maroc Télécom 
Last Price   MAD  149.60    -0.27%   03Jul09
 
Secondary Offering Facts
  • Type of Offering
  • Secondary Offering
  • Status
  • Listed
  • Exchange
  • Casablanca SE
  • Sector
  • Telecommunications
  • Country of Incorporation
  • Morocco
  • Shares Offered
  • 35,163,814
  • Offer Size
  • MAD 4,571.30M
  • Percentage Offered
  • 4%
  • Issue Price
  • MAD 130.00
  • Eligibility Requirements
    Moroccan and international institutional investors only
 
  • Additional Information
    Sale by the state of 35,163,814 shares to institutional investors through an Accelerated Bookbuilding Offering.

    Following the placement, the State will own 30% of Maroc Telecom capital and the company?s free float will be increased to 19%

    The final price per share and allocation date will be announced on 29Jun07.

    A lock-up period of 90 days will be applied on the government of Morocco.

    The delivery and settlement of the transaction is expected to take place on July 5th, 2007.
 
 
Key Dates
  • Open Date
  • 26Jun07
  • Closing Date
  • 28Jun07
  • Allocation Date
  • 29Jun07
 
Advisors
  • Legal Advisor
  • August & Debouzy
 B Indicates that this advisor is a book runner
  • Receiving Banks
    CFG Group, Banque Centrale Populaire, Morgan Stanley
 
 
STOCK PERFORMANCE
 
» Charting
Last Price 03Jul09
MAD 149.60
Change
  0.40 ( 0.27%)
Year High / Low
MAD 190.65 - 141.00
Market Cap
MAD 131,512.66M
 
Performance Overview
  • Over-subscription
  • 2.71 x
  • First Day Open / Close
  • 81.22 / 79.90
  • First Day High / Low
  • 81.22 / 78.30
  • 1st Day Change
  • + 8.27%
  • 1st Month Change
  • + 16.78%
  • Change Since Floatation
  • + 76.15%
 
 
 
 
 
 
 
 

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