The overall amount subscribed at the end of this operation (40.69 billion dirhams) corresponds to more than 203 million shares requested, with an overall satisfaction rate of nearly 2.7%, he detailed, noting that this This operation will enable CMGP Group to accelerate its development and contribute to national water saving and food security strategies.
Moroccan institutional investors represent 92.83% compared to 7.17% for foreign investors. The legal entities having subscribed to the IPO are mainly of Moroccan nationality (99.99%) and foreigners represent 0.01%, while 98.72% of natural persons are Moroccan and 1.28% foreign.
In terms of physical persons, minors represent 25% of the number of subscribers, the age group 18 to 24 years represents 5%, the 25-35 year group holds a share of 15%, that of people aged between 35 and 60 42%, while seniors take a 13% share.
By region, the 20,042 investors from Casablanca-Settat won 74.7% of the shares, while the 5,010 subscribers from Rabat-Salé-Kénitra, 3,046 from Fès-Meknès and 1,112 from Souss-Massa grabbed 12.2% respectively. %, 3.99% and 2.66% of the shares.
“CMGP Group, with a market capitalization of 3.4 billion dirhams, now occupies 34th place among the 70 companies listed on the Casablanca Stock Exchange. At the close of trading on Friday, the company reached an important milestone by joining the Group 1, a group reserved for the largest companies on the market,” argued Mr. Senhaji.
He also underlined the importance of this progress for the agricultural industry, a key sector for the national economy, stressing that this operation demonstrates the capacity of the Casablanca Stock Exchange to finance the national economy, support Moroccan companies to the search for growth drivers and meeting the economic challenges of the new development model (NMD).
For his part, the CEO of CMGP Group, Youssef Moamah, indicated that this operation marks a decisive turning point in the evolution of CMGP Group, which is now positioned on the financial market, symbolizing the collective success of its teams and the trust established with its partners, investors and collaborators.
“While agriculture sometimes remains little-known, the group’s IPO reveals considerable investment potential and offers increased visibility in a market that is both strategic and sustainable,” he said.
According to Mr. Moamah, this listing is not simply a move to the stock market, but a marker of CMGP Group’s desire to diversify, further industrialize its operations, and strengthen itself to offer a more resilient and more respectful model. of the environment.
