The Moroccan Capital Markets Authority published a threshold-crossing notice stating that Caisse de Dépôt et de Gestion sold 1,815,738 CIH Bank shares in a block market transaction on July 14, 2026 at MAD 354 per share, taking its direct holding below the 5% participation threshold. Following the sale, CDG declared that it no longer holds any CIH Bank shares directly. CDG said it continues to hold 19,636,157 CIH Bank shares indirectly through its subsidiary Massira Capital Management, representing 55.15% of the bank's share capital. For the six months following the threshold crossing, CDG indicated that it intends to cease sales of the security and to continue serving on CIH Bank's Board of Directors.
Moroccan Capital Markets Authority2026-07-16
Moroccan Capital Markets Authority discloses CDG sale that took its direct CIH Bank stake below 5%
The Moroccan Capital Markets Authority said Caisse de Dépôt et de Gestion sold 1,815,738 CIH Bank shares at MAD 354 each, taking its direct stake below the 5% threshold. CDG said it now holds no shares directly but retains an indirect 55.15% stake through Massira Capital Management. It also indicated that it intends to cease sales of the stock for six months and remain on CIH Bank's Board of Directors.