The Moroccan Capital Markets Authority has approved the prospectus for a public capital increase by Crédit Immobilier et Hôtelier in which preferential subscription rights are waived. The offering can raise up to MAD 749,999,950 through the issuance of as many as 2,142,857 new shares at an issue price of MAD 350 per share. The capital increase was approved by the company’s extraordinary shareholders meeting on May 22, 2026. The new shares have a face value of MAD 100 and a vesting date of Jan. 1, 2026. The subscription period is scheduled to run from July 15 to July 22, 2026 inclusive.
Moroccan Capital Markets Authority2026-07-08
Moroccan Capital Markets Authority approves Crédit Immobilier et Hôtelier prospectus for MAD 749999950 capital increase without preferential subscription rights
The Moroccan Capital Markets Authority approved the prospectus for Crédit Immobilier et Hôtelier’s public capital increase with preferential subscription rights waived. The deal can raise up to MAD 749,999,950 through up to 2,142,857 new shares priced at MAD 350 each. Subscriptions will run from July 15 to July 22, 2026.