In accordance with the Royal Decree (Dahir) N°1-16-151 of 21st Dhou al Qi`da 1437 (25th August, 2016), relating to the law N°19-14 on the Stock Exchange, Brokerage Firms and Financial Advisors, namely sections 5 and 6;
Given the provisions of the Stock Exchange's General Regulation, approved by the Ministerial Order N°2208-19 of the 29th Chaoual 1440 (July 3rd, 2019), namely sections 4.1.9 and 4.1.10;
Casablanca Stock Exchange's approval notice No 10/2022 of 28/10/2022 ;
Visa of AMMC No VI/EM/036/2022 of 28/10/2022 ;
The following has been decided:
- CHARACTERISTICS OF THE OPERATION
Capital increase type
Increase capital in cash with subscription rights
subscriber(s)
Former shareholders and holders of subscription rights
Date of general extraodinary
08/09/2022
meeting
Nominal value (MAD)
100,00
Price share (MAD)
310,00
Number of operation shares
645.073
Total amount of the operation
199.972.630,00
(MAD)
Subscription starting date
10/11/2022
Subscription closing date
30/11/2022
Financial Advisor and Global
CIH Bank
Coordinator
1
ENR.GOFIM.550.1
Date: 31/10/2022
Brokerage firm in charge of
CDG CAPITAL BOURSE
operation's registration
Organization in charge of
CIH Bank
operation's centralization
- CHARACTERISTICS OF SUBSCRIPTION RIGHT
Right label
DS CIH 11/483 2022
Right ticker
SCIHB
Right ex date
07/11/2022
Right cotation date
10/11/2022
Right delisting date
01/12/2022
- CHARACTERISTICS OF THE NEW SHARES
Sector
Banks
Listing line
1st Line Shares
Due date
01/01/2022
Securitie Ticker
CIH
Label
CIH
Registration date
09/12/2022
Sub-Fund
Principal A
- TIMETABLE OF THE OPERATION
Number
Steps
Dates
2
Issue by Casablanca Stock Exchange of the approval notice for the
28/10/2022
operation
3
Receipt by Casablanca Stock Exchange of the prospectus approved by
28/10/2022
the AMMC
4
Publication by the Casablanca Stock Exchange of the notice relating to
31/10/2022
the operation
Ex date of subscription rights:
5
- Annoucement of the theoretical value of the subscription right
07/11/2022
- Adjustment of the price of the security
- Clearing of the order book
6
Start of subscription period: listing of subscription rights
10/11/2022
7
End of subscription period
30/11/2022
8
Delisting of the preferential subscription rights
01/12/2022
9
Meeting of the relevant authority prior to approval of the operation
07/12/2022
2
ENR.GOFIM.550.1
Date: 31/10/2022
10
Receipt by the Casablanca Stock Exchange of the results of the
08/12/2022
operation and the minutes of the meeting held by the authority that
approved the operation
- Delivery of new titles
11
- Admission of new shares
09/12/2022
- Registration of the operation on the stock exchange
- Publication by the Casablanca Stock Exchange of the results of the
operation
- FURTHER INFORMATION
For further information about the operation, an extract of the prospectus is available on the
following link :
Click here
3
Attachments
Original Link
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Disclaimer
CIH - Crédit Immobilier & Hotelier SA published this content on 31 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2022 01:06:08 UTC.
CIH Bank is a commercial bank organized around 2 areas of activity:
- retail banking: sales of standard and specialized banking products and services (leasing, consumer, etc.);
- financial banking: primarily financing for low-income housing (loans to developers and buyers).
At the end of 2021, the group managed 57 billion in current deposits and 61 billion in current credits.
Products and services are marketed through a network of over 311 branches located in Morocco.
CRÉDIT IMMOBILIER ET HÔTELIER, SOCIÉTÉ ANONYME 
