The Moroccan Capital Markets Authority has approved the prospectus for a capital increase by Crédit Immobilier et Hôtelier reserved for staff members of CIH BANK and its subsidiaries. The employee share offer provides for a maximum issuance amount of MAD 249,999,960 through up to 892,857 new shares issued at MAD 280 per share. The capital increase was approved by the company’s extraordinary shareholders meeting on May 22, 2026. The new shares have a face value of MAD 100 and a vesting date of Jan. 1, 2026. The subscription period is scheduled to run from July 15 to July 22, 2026, inclusive.
Moroccan Capital Markets Authority2026-07-08
Moroccan Capital Markets Authority approves CIH employee capital increase prospectus for up to MAD 249999960
The Moroccan Capital Markets Authority approved the prospectus for Crédit Immobilier et Hôtelier’s employee-only capital increase for staff of CIH BANK and its subsidiaries. The offer covers up to 892,857 new shares at MAD 280 each, for a maximum of MAD 249,999,960. Subscriptions are due to run from July 15 to July 22, 2026.