The Moroccan Capital Market Authority (AMMC) has announced the approval of AXA’s definitive prospectus for a capital increase exclusive to its employees. This offering will add up to 58,951,965 shares, with documents accessible to the public at BMCI’s headquarters and AXA’s Moroccan subsidiaries, as well as on AXA’s website.
Targeted employees include those working at AXA Assurance Maroc, Carré Assurance Maroc, AXA Assistance Maroc Services S.A., and several branches, including AXA Services Maroc GIE and AXA France IARD. The subscription and withdrawal period in Morocco runs from November 5 to November 8, 2024.
Two subscription options are available: the “Classic” offer, priced at €28.10 (MAD 300.80), and the “Guaranteed Plus” offer, set at €32.87 (MAD 351.87). Alongside the approved prospectus, key documents include AXA’s 2023 Universal Registration Document, its 2024 Half-Year Financial Report, and other relevant information on AXA’s employee shareholding plans, all verified by the AMF.
With this move, AXA strengthens its commitment to employee engagement and broadens employee ownership opportunities across its Moroccan subsidiaries and branches.
