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Tue, 02 Dec 2008 | 06:36 GMT
 
  Cartier Saada 
Last Price   MAD  17.90    -0.44%   01Dec08
 
IPO Facts
  • Type of Offering
  • IPO
  • Status
  • Listed
  • Exchange
  • Casablanca SE
  • Sector
  • Agriculture and Food
  • Country of Incorporation
  • Morocco
  • Shares Offered
  • 120,000
  • Offer Size
  • MAD 22.20M
  • Percentage Offered
  • 30.8%
  • Issue Price
  • MAD 185.00
  • Total Equity Value
  • MAD 72.15M
  • Eligibility Requirements
    Open to all subscribers residing both inside or outside of Morocco:

    Type I: Foreigners or Morrocan Applicants subscribing to less 3,000 shares
    Type II: Foreigners and Moroccan Institutionnels subscribing between 3,000 and 15,000 shares
 
  • Additional Information
    Share price: MAD 185; MAD 100 Par Value + 85 MAD Premium
 
 
Key Dates
  • Open Date
  • 07Jun06
  • Closing Date
  • 09Jun06
  • Listing Date
  • 21Jun06
 
Advisors
  • Legal Advisor
  • Cabinet Taoufik Benslimane & Sadik Cherkaoui
  • Auditors
  • Mr Abdellatif Kabbaj - Cabinet d'Audit
  • Receiving Banks
    Finergy Societe de Bourse, Safabourse
 
 
News & Reports
PROSPECTUS & RESEARCH
 
STOCK PERFORMANCE
 
» Charting
Last Price 01Dec08
MAD 17.90
Change
  0.08 ( 0.44%)
Year High / Low
MAD 22.68 - 14.75
Market Cap
MAD 83.77M
 
Performance Overview
  • Over-subscription
  • 16.93 x
  • First Day Open / Close
  • 16.67 / 15.83
  • First Day High / Low
  • 16.67 / 16.25
  • 1st Day Change
  • + 2.70%
  • 1st Month Change
  • -0.54%
  • Change Since Floatation
  • + 16.11%
 
 
Use Of Proceeds
  • To finance future investment plans and limit its debt:
    -laying out a new extension site to increase the processing and storage capacity of olive packing
    -Promoting the company's reputation to the public and finance community
    -Consolidating the company's future by bringing in institutional investors
 
 
 
 
 
 
 

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