- Type of Offering
- Privatization
- Status
- Listed
- Exchange
- Casablanca SE
- Sector
- Financial Services
- Country of Incorporation
- Morocco
- Shares Offered
- 1,177,610
- Offer Size
- MAD 800.77M
- Percentage Offered
- 20%
- Issue Price
- MAD 680.00
- Eligibility RequirementsFour investor groups were targeted:
Individual Investors and small businesses received 9% of the capital (530,000 shares) at MAD 680 (USD 75.5) per share.
State-owned regional and popular banks received 4% of the capital (236,000 shares) at a discounted rate of MAD 629 (USD 70) per share.
BCP staff were allocated 3% (177,000) at MAD 529 (USD 58.7) per share, with the condition that they will keep their shares at least three years.
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