Stocks Market
Sanlam Maroc Cuts Stake in LabelVie Below 5% After Selling 81,350 Shares
On 2 February 2026, Sanlam Maroc sold 81,350 LabelVie shares across the Central and Block markets at MAD 4,300 per share, dropping its ownership to 2.21 % of the insurer’s capital. The move pushes the holding below the 5 % regulatory threshold, and the insurer says it may halt any further sales of LabelVie stock within the next six months.
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Transaction Overview
On 2 February 2026, Sanlam Maroc disposed of a total of 81,350 LabelVie shares. The shares were split between the Central Market (32,850) and the Block Market (48,500) and were sold at a price of MAD 4,300 per share.
Impact on Ownership
Following the disposal, Sanlam Maroc’s holding fell to 63,927 shares, representing 2.21 % of LabelVie’s issued capital. This move pushed the insurer below the regulatory 5 % threshold that triggers additional reporting obligations under the Moroccan Capital Markets Authority (AMMC).
Future Strategy
The insurer indicated that, within the next six months, it may cease any further sales of LabelVie shares, signalling a potential shift toward a more passive investment stance.
- Total shares sold: 81,350
- Central Market: 32,850 shares
- Block Market: 48,500 shares
- Sale price per share: MAD 4,300
- Post‑sale holding: 63,927 shares (2.21 % of capital)