The Moroccan Capital Market Authority (AMMC) published a threshold-crossing notice stating that HF International has reduced its stake in Delta Holding, crossing downwards below the 66.66% participation threshold. The crossing followed the sale of 2,000,000 Delta Holding shares on the central market on 9 May 2025 at MAD 80.50 per share, and a further sale of 1,600,000 shares on the block market on 12 May 2025 at MAD 83 per share. After these transactions, HF International reported holding 54,857,318 shares, representing 62.62% of Delta Holding’s share capital. HF International indicated it intends to stop selling the security within the six months following the threshold crossing.
Moroccan Capital Market Authority reports HF International has fallen below 66.66% in Delta Holding after selling 3.6 million shares
The Moroccan Capital Market Authority announced that HF International reduced its stake in Delta Holding below the 66.66% threshold after selling 3.6 million shares. HF International now holds 62.62% of Delta Holding's share capital and plans to halt further sales for six months.