The Moroccan Capital Markets Authority has approved the prospectus for JET ENERGY’s initial public offering, which will raise between MAD 328.125 million and MAD 375.375 million through a capital increase. The offering comprises 2,625,000 new ordinary shares at a price range of MAD 125 to MAD 143 per share, with a face value of MAD 10. The shares will be listed on the Casablanca Stock Exchange’s Principal F market. Subscriptions will run from November 2 to November 5, 2026, closing at 3:30 p.m.
Moroccan Capital Markets Authority approves JET ENERGY IPO prospectus for offering of up to MAD 375.375 million
The Moroccan Capital Markets Authority has approved JET ENERGY’s IPO prospectus for a capital increase comprising 2,625,000 new ordinary shares priced between MAD 125 and MAD 143 each. The offering will raise MAD 328.125 million to MAD 375.375 million, with subscriptions open from November 2 to November 5, 2026, until 3:30 p.m.