The Moroccan Capital Markets Authority (AMMC) has approved the prospectus for TGCC SA’s capital increase, enabling the issuer to proceed with a new share offering. The approved prospectus (reference VI/EM/026/2025) comprises a 2024 financial year reference document registered under EN/EM/012/2025 and an offering document. The transaction targets MAD 2,199,999,450 through the issuance of 3,034,482 new shares at an issue price of MAD 725 per share (face value MAD 10), with the subscription period running from 14 July 2025 to 18 July 2025 at 3:30 pm. An excerpt of the prospectus is available on the issuer’s website, and Arabic and English prospectus summaries are to be published shortly on the issuer and AMMC websites. The full approved prospectus is available at TGCC SA’s headquarters and website, through placement syndicate members, and on the AMMC website.
Moroccan Capital Markets Authority 2025-07-04
Moroccan Capital Markets Authority approves TGCC SA prospectus for MAD 2,199,999,450 capital increase
The Moroccan Capital Markets Authority (AMMC) has approved TGCC SA's prospectus for a capital increase, allowing a new share offering. The transaction aims to raise MAD 2,199,999,450 by issuing 3,034,482 new shares at MAD 725 each. The subscription period is set from 14 July 2025 to 18 July 2025.