Sofac Increases Share Capital to 210.45 Million Dirhams: Latest News and Updates

2023-12-29 09:12:23

The consumer credit and leasing company, Sofac, announced on Thursday that it had increased its share capital from 193.2 million dirhams (MDH) to 210.45 million dirhams.

The capital increase of an amount of 17.25 MDH by issuing 172,500 new ordinary shares with a par value of 100 dirhams each was thus carried out, indicates Sofac in a press release published following the holding of its Board of Directors. administration (CA) dated December 22, 2023, on the portal of the Moroccan Capital Market Authority (AMMC).

In this wake, the CA noted that the 172,500 new ordinary shares with a nominal value of 100 dirhams each, issued at a price of 579.71 dirhams each, were fully subscribed and paid in full, upon subscription, in cash. , by payment of cash and by compensation with liquid and payable claims on the company.

It was also decided to proceed with the correlative modification of article 6 of the company’s statutes, reports the same source.

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