Increase in TGCC's capital oversubscribed more than 42 times!

This operation, which involved the issuance of 3.034.482 shares at a unit price of 725 dirhams, attracted 82.080 subscribers from 65 different nationalities. The average satisfaction rate was very low at 2.37%, indicating strong competition for the shares. Subscription type 1, representing 96.6% of the requested shares, was only satisfied to the extent of 1.62%, while type 2 subscriptions had a higher satisfaction rate at 23.69%. Individuals, who made up the majority in number (98% of subscribers), were allocated nearly 60% of the shares. Institutional investors, representing nearly half of the total amount subscribed (47.4%), only received about 32.4% of the shares issued, with a uniformly low satisfaction rate of 1.62%. This fundraising is primarily aimed at financing the acquisition of 60% of the STAM-VIAS group, consolidating TGCC's position in the construction sector, both nationally and continentally.