AMMC Autorite Marocaine du Marche des Capitaux : Buy Back programm DO/EM/13/2020

Monthly reporting of october 2020 on share buyback programs launched by listed companies DO/EM/13/2020

In accordance with the provisions of Decree No 2-02-556 of 24 February 2003, as amended and supplemented, the Moroccan Capital Market Authority (AMMC) publicly discloses the transactions conducted during october 2020 by the companies which have a stock buy-back program.

Companies	ADDOHA	BCP	MAROC TELECOM
Casablanca	Paris
Characteristics of the buy-back program/Liquidity contract
			13/05/2020
Program start date	11/09/2020	08/07/2019
Program end date	10/03/2022	07/01/2021	12/11/2021
Maximum number of shares to be acquired	4 025 512	9 112 733 (5%)	1 500 000 (0,17%)
(share capital)		(maximum 20%	(maximum 20% liquidity
	1%
	liquidity contract)	contract)
Maximum purchase price	12 MAD	351 MAD	198 MAD	18,18 €
Minimum sale price	6 MAD	189 MAD	92 MAD	8,45 €
Implementation of the buy back program/Liquidity contract

Stokvis Nord

Afrique

19/03/2020

17/09/2021

459 758

5%

1. MAD

1. MAD

Number of shares held at the beginning of the month (Share capital)

Total number of shares purchased (BB and LC)

Weighted average purchase price

Total number of shares sold (BB and LC)

Weighted average sale price

Number of shares held at the end of the month (Share capital)

1. : Buy Back program LC : Liquidity Contract

2.723.024	211.745	51.200	31.900	372.997
		83.100
0,68%	0,10%	0,009%	4,06%
	14.282	62.972
0			27.167	871
	(O/W 13 097 )	(O/W 27 972)
_	237,86 MAD	138,40 MAD	12,79 €	10,30 MAD
	79.955	109.172
0	24.567	0
(O/W 57 425)	(O/W 36 672 )
_	239,73 MAD	138,23 MAD	12,74 €	_
		5.000	34.500
2.723.024	146.072	373.868
		39.500
0,68%	0,07%	0,004%	4,07%