
Stocks Market
Risma Announces 450 MAD Capital Raise: 1.5 Million New Shares Set for Jan 26‑30 Subscription
Risma has secured approval from Morocco’s Capital Market Authority (AMMC) for a public capital increase of MAD 450 million. The company will issue 1.5 million new shares at a subscription price of MAD 300 each, with the subscription window opening on 26 January and closing on 30 January 2026 at 15:30. The prospectus, along with supporting documents, is available at Risma’s headquarters, its website, the Casablanca Stock Exchange portal, and the AMMC site. Financial advisers CFG Finance, BMCE Capital Conseil and Attijari Finances Corp are backing the transaction.
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Risma has received formal approval from the Moroccan Capital Market Authority (AMMC) to launch a public capital increase.
Regulatory approval
The filing, referenced VI/EM/001/2026 and dated 13 January 2026, details an issuance of 1,500,000 new shares for a gross proceeds target of MAD 450 million, inclusive of issuance premiums.
Key terms of the offer
- Number of new shares: 1,500,000
- Total amount: MAD 450,000,000
- Subscription price per share: MAD 300
- Subscription window: 26 January 2026 – 30 January 2026, closing at 15:30 CET
- Right of first refusal: waived for existing shareholders
Prospectus access
The prospectus, together with the operation note and the 2024‑2025 reference document, can be consulted at:
- Risma’s headquarters
- Risma website: www.risma.com
- Casablanca Stock Exchange portal: www.casablanca-bourse.com
- AMMC website: www.ammc.ma
Summaries in Arabic and English will be posted shortly on both Risma’s and AMMC’s institutional sites.
Financial advisors
Risma’s capital raise was structured and advised by CFG Finance, BMCE Capital Conseil and Attijari Finances Corp., acting as co‑financial advisors.