ENR.GOFIM.719.1
Date: 12/12/2022
Notice N° AV-2022-142
(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 Capital increase by increase of the nominal value followed by a Capital reduction by reduction of the nominal value;
- CHARACTERISTICS OF THE OPERATION
Value Label | MED PAPER |
Increase in the share capital by incorporation of issue | |
premiums up to 28,616,484.00 MAD by increasing the | |
Operation type | nominal value of the securities from 10 MAD to 15.98 MAD, |
and the reduction of share capital by absorption of negative | |
retained earnings up to 28,616,484.00 MAD by reducing the | |
nominal value of the securities from 15.98 MAD to 10 MAD | |
Nominal value | 10,00 |
Date of completion of the | 19/12/2022 |
operation | |
- FURTHER INFORMATION |
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ENR.GOFIM.719.1
Date: 12/12/2022
Both operations will have no impact on the rating characteristics
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