The Moroccan Capital Markets Authority (AMMC) issued a disclosure notice (DFSP 11-25) for Ciments du Maroc reporting that Heidelberg Materials Italia Cementi Spa has disposed of shares, triggering the crossing of the 50%, 33.33% and 20% ownership thresholds and leaving it with an indirect holding of 10%. The transaction and the related declaration were both dated 17 July 2025. Heidelberg Materials Italia Cementi Spa reported holding 1,443,646 shares, representing 10% of Ciments du Maroc’s capital, via its subsidiary Procimar.