The Moroccan Capital Market Authority (AMMC) published a threshold-crossing notice stating that Prev Invest SA declared it had directly crossed downwards the 5% participation threshold in CFG Bank’s capital and voting rights following share sales executed on 26 March 2025. Prev Invest SA further declared that it no longer holds any CFG Bank shares. The disclosure relates to the sale of 1,486,400 CFG Bank shares on the block market at MAD 220 per share and 289,710 shares on the central market at MAD 223.15 per share.
Moroccan Capital Markets Authority 2025-04-15
Moroccan Capital Market Authority reports Prev Invest SA crossing below 5% in CFG Bank and exiting its shareholding
The Moroccan Capital Market Authority announced that Prev Invest SA has fallen below the 5% participation threshold in CFG Bank's capital and voting rights after selling shares. Prev Invest SA sold 1,486,400 shares on the block market at MAD 220 each and 289,710 shares on the central market at MAD 223.15 each, and no longer holds any CFG Bank shares.