Type I: 500 shares
Type II: 274 shares
Type III: 6,500 shares
Type IV: 12,955 shares
Eligibility Requirements
Open to all subscribers residing both inside or outside of Morocco:
Type I: Employees of M2M Group: 6,990 shares representing 1.08% of the capital
Type II: Foreigners and Moroccan Applicants: 38,867 shares representing 6% of the capital
Type III: Foreigners and Moroccan Applicants giving orders between 274 shares and 6,500 shares: 38,867 shares representing 6% of the capital
Type IV: Foreign and Moroccan institutions giving orders to less than 12,955 shares: 44,831 shares representing 6.92% of the capital
Additional Information
Share price: MAD 1,095; MAD 100 Par Value + MAD 995 Premium
Lead Receiving Bank: Attijariwafa Bank Bourse
Co - lead Receiving Bank: BMCE Bourse
Other Receiving Banks: Attijariwafa Bank, BMCE Bank, Safabourse, SGMB
-Institutionalizing the company by bringing in institutional and public investors
-Promoting the company?s reputation to the public and finance community
-Reinforcing the company?s transparency and performance
-Bringing closer the company to the clients by allowing them to participate in the capital
-Motivating employees and partners by associating them to the company?s capital
-Improving the operational and financial performance of the company
-Facilitating external financing through direct access to financial market