(Agence Ecofin) – 18 months after its listing on the Casablanca Stock Exchange, the private health operator is seeking to develop its network and strengthen its health infrastructure in Morocco.
Akdital, the first private health group listed on the Casablanca Stock Exchange in Morocco, issued a public sale offer on Monday June 24, 2024, relating to 1.4 million new shares at 670 dirhams per share, on a subscription period running from July 2 to 9, 2024. This operation should allow Akdital to raise a total amount of 1 billion dirhams ($100.5 million) to support its growth.
This capital increase will allow it to develop its network of health establishments in Morocco, strengthen its infrastructure and acquire advanced medical technologies. The group, which currently has 23 clinics, plans to increase this number to 51 by 2026.
“The objective is to achieve, thanks to future openings of establishments, a turnover of 6.5 billion dirhams and a net profit of 1 billion dirhams by 2029,” indicated Ilyass El Harti, deputy general director of the group, during a press conference held on Tuesday June 25.
Beyond optimizing its financial structure, Akdital will allow institutional investors and the general public to access or strengthen their position in the company’s capital. Note that this capital increase occurs 18 months after its introduction on the Casablanca Stock Exchange.
Chamberlain Moko
