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What happened next?Continue in this file · Laprophan secures AMMC prospectus approval for IPO worth up to MAD 2.22 billion
File · Laprophan secures AMMC prospectus approval for IPO worth up to MAD 2.22 billion

Laprophan secures AMMC prospectus approval for IPO worth up to MAD 2.22 billion

The AMMC approved Laprophan’s initial public offering prospectus on 28 October 2026. The company announced an offer worth up to MAD 2.22 billion, with subscriptions scheduled for 9–17 November.

The transaction combines a capital increase of approximately MAD 1.4 billion with the sale of existing shares worth up to MAD 822.56 million. According to the company statement reported by EcoActu and SNRT News, the shares offered would represent 37.64% of capital and voting rights after the transaction.

The announced price is MAD 341 per share. Laprophan says the proceeds will support industrial development and external growth. Approval of the prospectus is a regulatory step; it does not mean subscriptions have been completed or that the announced funds have already been raised.

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