CIH : Capital increase in cash reserved to Staff members of CIH Bank and its relevant subsidiaries
November 16, 2022 at 08:39 am EST
Share
ENR.GOFIM.369.1
Date: 16/11/2022
Notice N° AV-2022-129
(Only the french version prevails)
Event
Capital increase in cash
Involved Instrument(s)
CIH
- NOTICE SUBJECT
Capital increase in cash of "CIH" reserved to Staff members of CIH Bank and its relevant subsidiaries
REFERENCES
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 section 4.1.10;
Casablanca Stock Exchange's approval notice No 11/22 of 15/11/2022 ;
Visa of Moroccan Financial Market Authority (AMMC) No VI/EM/037/2022 of 15/11/2022 ; The following has been decided:
CHARACTERISTICS OF THE OPERATION
Capital increase type
Increase capital in cash without subscription rights
Issuer
CIH
subscriber(s)
Staff members of CIH Bank and its relevant subsidiaries
Date of general extraodinary
08/09/2022
meeting
Nominal value (MAD)
100,00
Price share (MAD)
248,00
Number of operation shares
1.612.903
Total amount of the operation
399.999.944
(MAD)
Subscription starting date
07/12/2022
1
ENR.GOFIM.369.1
Date: 16/11/2022
Subscription closing date
13/12/2022
Financial Advisor and Global
CIH Bank
Coordinator
Brokerage firm in charge of
CDG CAPITAL BOURSE
operation's registration (buy and
sell side)
Organization in charge of
CIH Bank
operation's centralization
- CHARACTERISTICS OF THE NEW SHARES
Sector
Banks
Compartment
Principal A
Trading Mode
Continuous
Listing line
1st Line Shares
Due date
01/01/2022
Securitie Ticker
CIH
Label
CIH Bank
Registration date
20/12/2022
- TIMETABLE OF THE OPERATION
Number
Steps
Dates
1
- Issue by Casablanca Stock Exchange of the approval notice for the
15/11/2022
operation
2
Receipt by Casablanca Stock Exchange of the prospectus approved by
15/11/2022
the AMMC
3
Publication by the Casablanca Stock Exchange of the notice relating to
16/11/2022
the Operation
4
Start of subscription period
07/12/2022
5
End of subscription period
13/12/2022
6
Allocation of subscriptions by CIH Bank
15/12/2022
7
Operation appoval by the relevant authority
16/12/2022
8
- Receipt by the Casablanca Stock Exchange of the meeting minutes
19/12/2022
about the operation appoval by the relevant authority before 12:00 p.m.
- Delivery by Casablanca Stock Exchange of the operation results
- Delivery of new securities
9
- Admission of new shares
20/12/2022
- Stock exchange registration of the operation
- Publication by the Casablanca Stock Exchange of the results of the
Operation
2
ENR.GOFIM.369.1
Date: 16/11/2022
- 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
Original Document
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Disclaimer
CIH - Crédit Immobilier & Hotelier SA published this content on 16 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2022 13:38:04 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 
