AMMC Announces Amyn Alami’s Acquisition of 10% Participation in CFG Bank – The Economist Updates

2023-12-25 22:25:00
By The Economist | 12/25/2023 – 10:25 p.m. | Share

The Moroccan Capital Market Authority (AMMC) announced that Mr. Amyn Alami recently crossed the participation threshold of 10% of the voting rights of CFG Bank.

Acquiring 125,000 CFG Bank shares on the block market, Mr. Alami now holds 9.14% of the capital and 10.52% of the voting rights of the bank. He also plans to continue his purchases of CFG Bank over the next six months.

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