Eligibility Requirements
-Type I: Employees of Alliances Développement Immobilier and its subsidiaries: can subscribe up to 24 times their monthly salary: 55,000 shares or 1.9% of the offering.
-Type II: Foreign and Moroccan applicants in addition to Foreign and Moroccan legal entities not included in Type IV, V and VI, giving orders to less or equal to 365 Shares: 874,500 shares or 30% of the offering.
-Type III: Foreign and Moroccan Applicants in addition to Foreign and Moroccan legal entities not included in Type IV, V and VI, giving orders to more than 7,300 Shares and less or equal to 29,200 Shares: 236,500 shares or 8.1% of the offering.
-Type IV: Moroccan legal entities investing in securities, which have been operating for at least 1 year on the date of 01-Apr-08, giving orders to less or equal to 73,000 Shares: 204,050 shares or 7% of the offering.
-Type V: Foreign legal entities investing in stocks, which have been operating for at least 1 year on the date of 01-Apr-08, giving orders to less or equal to 145,000 Shares: 524,700 shares or 18% of the offering.
-Type VI: Moroccan and foreign legal entities (Insurance and reinsurance companies, pension and retirement institutions, banks, and the CDG) giving orders to less or equal to 291,500 shares, in addition to mutual funds giving orders to less or equal to 145,750 Shares: 1,020,250 shares or 35% of the offering.