The Moroccan Capital Market Authority (AMMC) published a threshold-crossing notice stating that HF International has reduced its stake in Delta Holding, crossing downwards below the 66.66% participation threshold. The crossing followed the sale of 2,000,000 Delta Holding shares on the central market on 9 May 2025 at MAD 80.50 per share, and a further sale of 1,600,000 shares on the block market on 12 May 2025 at MAD 83 per share. After these transactions, HF International reported holding 54,857,318 shares, representing 62.62% of Delta Holding’s share capital. HF International indicated it intends to stop selling the security within the six months following the threshold crossing.
Moroccan Capital Markets Authority 2025-05-15
Moroccan Capital Market Authority reports HF International has fallen below 66.66% in Delta Holding after selling 3.6 million shares
The Moroccan Capital Market Authority announced that HF International reduced its stake in Delta Holding below the 66.66% threshold after selling 3.6 million shares. HF International now holds 62.62% of Delta Holding's share capital and plans to halt further sales for six months.