2023-09-23 09:38:59
The Extraordinary General Meeting of Bank of Africa (BOA) authorized a capital increase by issuing 3,795,815 shares to be released by incorporation of reserves, with more than 626.3 million dirhams (MDH).
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This operation gave rise to an allocation of free shares to shareholders at the rate of one new share for every 55 shares held, specifies BOA in a press release, noting that the issue price of the new shares is 165 dirhams including a premium of Unitary issue of 155 dirhams.
Delivery of the new shares is scheduled for October 10, with first-line admission the next day (October 11), the same source said.
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