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.