ENR.GOFIM.719.1
Date: 30/11/2022
Notice N° AV-2022-133
(Only the french version prevails)
Event | accordion operation |
Involved Instrument(s) | MED PAPER |
- NOTICE SUBJECT
Capital increase by increasing the nominal value followed by a Capital reduction by reducing the nominal value of "MED PAPER"
- 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 4.1.9 and 4.1.10; -Considering the decision of the extraordinary general meeting of MED PAPER, held on 09/08/2022, and in particular the increase in the share capital by incorporation of premiums and reserves up to 197,309,506.46 MAD by increasing the nominal value of the securities from 100 MAD to 176.40 MAD, and the reduction of share capital by absorption of negative retained earnings up to 429,739,456.46 MAD, by reducing the nominal value of the securities from 176.40 MAD to 10 MAD;
- CHARACTERISTICS OF THE OPERATION
Value Label | MED PAPER | ||
Operation type | Capital increase by increase of the nominal value followed by a | ||
Capital reduction by reduction of the nominal value | |||
Nominal value | 100,00 | ||
- TIMETABLE OF THE OPERATION | |||
Number | Steps | Dates | |
1 | Publication of the notice in the listing bulletin relating to opération | 30/11/2022 | |
2 | Start of exchange of old shares with nominal value 100 for new shares | 07/12/2022 | |
with nominal value 10 | |||
3 | Admission of new shares with nominal value 10 | 07/12/2022 |
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ENR.GOFIM.719.1
Date: 30/11/2022
- CHARACTERISTICS OF NEW SHARES
Sector | Forestry & Paper |
Compartment | Principal B |
Listing line | 1st Line Shares |
Label | MED PAPER |
Securitie Ticker | MDP |
New ISIN code | MA0000012593 |
jouissance date | 01/01/2022 |
Trading Mode | Continuous |
New nominal value | 10,00 |
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Label’Vie SA published this content on 30 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2022 10:40:10 UTC.