FINANCIAL MARKET HEADLINES
| MOROCCO | DLM | Softgroup crossed downwards the participation threshold of 10%
Following the capital increase operation by incorporation of shareholders current accounts of DLM of an amount of MAD 15 Mn and reserved to some shareholders and board of directors members, Softgroup crossed downwards, due to a dilution effect, the participation threshold of 10% in DLM’s capital. Following this transaction, Softgroup holds 135,544 DLM shares, representing 7.75% of DLM capital (post capital incease).
Within the six months following this operation, Softgroup intends to continue its sales on DLM.
| MOROCCO | DLM | Hakam Abdellatif Finance crossed downwards the participation threshold of 5%
Following the capital increase operation by incorporation of shareholders current accounts of DLM of an amount of MAD 15 Mn and reserved to some shareholders and board of directors members, Hakam Abdellatif Finance crossed downwards, due to a dilution effect, the participation threshold of 5% in DLM’s capital. Following this transaction, Hakam Abdellatif Finance holds 62,556 shares, representing 3.57% of DLM capital (post capital increase).
Within the six months following this operation, Hakam Abdellatif Finance intends to continue its sales on DLM.
ECONOMIC HEADLINES
| CÔTE D’IVOIRE | INFLATION | An inflation rate of 5.7% in November 2022
According to Côte d’Ivoire’s National Institute of Statistics, the Harmonized Consumer Prices Index recorded an increase of 0.2% in November 2022 compared to the previous month. Year-on-year, the inflation rate stands at 5.7%.
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