-In accordance with the Royal Decree (Dahir) N°1-16-151 of 21st Dhou al Qi`da 1437 (25th August, 2016), relating to the law N°19-14 on the Stock Exchange, Brokerage Firms and Financial Advisors, namely sections 5 and 6 ;
-Given the provisions of the Stock Exchange's General Regulation, approved by Annex of the Ministerial Order N°2208-19 of the 29th Chaoual 1440 (July 3rd, 2019),
namely sections 4.1.9, 4.1.10 and 4.3.6 ;
Taking into consideration the decision of the "ITISSALAT AL-MAGHRIB" general meeting held on 29/04/2022, and in particular the resolution concerning dividends ;
Characteristics of the operation
The characteristics of "ITISSALAT AL-MAGHRIB" dividend payment process are as follows:
Year
2021
Ticker
IAM
Ordinary dividend (MAD)
4,78
Exceptional dividend (MAD)
--
Total gross dividend (MAD)
4,78
Ex-dividend date
06/09/2022
Dividend Payment date
15/09/2022
Centralising agent
Attijariwafa Bank
1
ENR.GOFIM.551.1
Date: 11/08/2022
- Clearing and adjustment
On the ex-dividend date, the Casablanca Stock Exchange will:
Clear the order book for the instrument.
Adjust the reference price for the instrument according to the following formula: adjusted reference price = last trading price or adjusted price - the gross dividend amount.
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Maroc Telecom - Itissalat Al-Maghrib published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2022 11:07:03 UTC.
Maroc Telecom is Morocco's No. 1 telecommunications operator. Net sales (including intra-group) break down by activity as follows:
- mobile telephony (58.4%): 19.5 million customers in Morocco at the end of 2020, distributed between customers with prepaid cards (17.2 million) and with post-paid subscriptions (2.3 million). At the end of 2020, the group owned 13,000 base stations;
- fixed telephony and Internet (41.6%): fixed telephony services (2 million lines installed in Morocco as of the end of 2020), interconnection services, data transmission, and Internet access (1,738,000 subscribers). At the end of 2020, the network had a total of 45,000 km of urban fiber optic and intercity fiber optic cables.
Products and services are marketed through a network of 4,400 owned agencies, more than 75,000 group-approved points of sale (tobacconists, local shops, etc.) and independent distribution channels.
Morocco accounts for 56.8% of net sales (including intra-group).