2023-10-14 11:43:04
ACTUAL DIVISION OF THE NOMINAL VALUE OF
ACTIONS HPS
In order to increase the liquidity of the Company’s shares listed on the Casablanca Stock Exchange, it was decided during the Extraordinary General Meeting held on September 20, 2023, the division by ten (10) of the par value of the shares of the Company, thus reducing the par value of each share from one hundred (100) Dirhams to ten (10) Dirhams.
This decision took effect on October 9, 2023, following completion of formalities with the Casablanca Stock Exchange and Maroclear. Consequently, the division of the nominal value gave rise to the exchange of ten (10) new shares with the same rights for one (1) old share, thus multiplying by ten (10) the number of shares forming the capital of the Company which goes from 740,619 shares to 7,406,190 shares of the same category and with the same rights.
For more information: [email protected]
About HPS:
HPS is a multinational, leading provider of payment solutions and services to issuers, acquirers, processors, mobile network operators (MNOs), mass retailers, independent sales organizations (ISOs), and national and regional switches around the world.
PowerCARD is used by more than 500 institutions in over 90 countries. HPS has been listed on the Casablanca Stock Exchange since 2006 and has offices in the main business centers (Africa, Europe, Asia, Middle East).
More information on: www.hps-worldwide.com
1697290662
#HPS #relating #effective #division #par #shares #October #p.m
