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Sanlam Emerging Markets Ireland Boosts Stake to 88.63% in Sanlam Maroc After Capital Increase
Sanlam Emerging Markets Ireland Limited announced that it has crossed both the 5 % and 10 % ownership thresholds in Sanlam Maroc, directly holding 15.77 % of the capital and, together with its affiliated entities, controlling 88.63 % of the company after a capital increase linked to the Allianz Morocco merger. The move, reported by the Moroccan Capital Markets Authority (AMMC), underscores the consolidation of Sanlam’s position in the Moroccan insurance market.
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Sanlam Emerging Markets Ireland Limited Increases Ownership in Sanlam Maroc
On July 17, 2026, Sanlam Emerging Markets Ireland Limited disclosed that it has directly surpassed the 5 % and 10 % ownership thresholds in Sanlam Maroc, as confirmed by the Moroccan Capital Markets Authority (AMMC).
The increase comes as part of a capital‑raising operation triggered by the merger‑absorption of Allianz Morocco into Sanlam Maroc.
Following the transaction, Sanlam Emerging Markets Ireland Limited now holds 842,585 shares of Sanlam Maroc, representing 15.77 % of the company’s share capital.
In addition, through its affiliates Allianz Africa Financial Services and Sanlam Pan Africa Maroc, the group indirectly controls 3,892,275 shares, which equals 72.86 % of the total capital.
Combined, the direct and indirect holdings amount to 4,734,860 shares, or 88.63 % of Sanlam Maroc’s equity.
Sanlam Emerging Markets Ireland Limited also confirmed that it acts in concert with its affiliates Allianz Africa Financial Services and Sanlam Pan Africa Maroc.
Related Articles
- July 7, 2026 – "Sanlam Allianz: A New Insurance Heavyweight Takes Shape in Morocco"
- July 7, 2026 – "Sanlam‑Allianz Merger: Ambitions of the New Insurance Player in Morocco"
- July 3, 2026 – "Sanlam Maroc: The Merger‑Absorption of Allianz Morocco Officially Approved"
- June 16, 2026 – "AMMC Reviews Prospectus for Capital Increase Linked to Allianz Morocco Merger"