The Moroccan Capital Markets Authority published a threshold-crossing disclosure for Salafin indicating that Sanlam Maroc has reduced its holding below the 10% threshold following a disposal of shares. The transaction that triggered the crossing involved 90,500 shares sold at MAD 552.50 per share, leaving Sanlam Maroc holding 300,685 shares, equivalent to 9.62% of Salafin’s capital. Sanlam Maroc indicated it intends to continue selling the shares.
Moroccan Capital Markets Authority 2025-02-13
Moroccan Capital Markets Authority discloses Sanlam Maroc’s stake in Salafin falls to 9.62% after share sale
The Moroccan Capital Markets Authority disclosed that Sanlam Maroc reduced its stake in Salafin below the 10% threshold after selling 90,500 shares at MAD 552.50 each. Sanlam Maroc now holds 9.62% of Salafin’s capital and plans to continue selling shares.