Akdital’s General Assembly has authorized a capital increase of up to 1 billion dirhams, including the issuance premium. This decision involves the removal of existing shareholders’ preferential subscription rights in favor of the public.
The capital increase will be achieved by issuing new shares priced between 660 and 690 dirhams each. These new shares will be fully subscribed and paid for in cash.
The newly issued shares will be treated the same as existing shares, adhering to the same statutory conditions. They will entitle holders to any profit distributions or reserve allocations decided by the company from the date the capital increase is finalized.
Moreover, the General Assembly has granted extensive powers to the Board of Directors to implement this capital increase. This includes setting the final amount and subscription price of the shares within the approved range and determining the final characteristics of the new shares.
