TIM : Main characteristics of the takeover offer

ENR.GOFIM.673.1

Date: 19/05/2023

Notice N° AV-2023-040

(Only the french version prevails)

Event	Obligatory Takeover
Involved Instrument(s)	TIMAR

- NOTICE SUBJECT

Main characteristics of the takeover offer of "TIMAR" equities

• REFERENCES
• In accordance with the Royal Decree (Dahir) Law 26-03 of 21 April 2004, amended by Laws 46-06 relating to public offers market, namely its section 34 ;
  .
• 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 its section 3.4.2;
  .
• In accordance with the decision of the AMMC concerning the obligatory takeover bid of "TIMAR" securities on the initiative of "FINANCIERE CLASQUIN EUROMED".
• TERMS OF THE PUBLIC OFFER

Issuer	TIMAR
Buyer	FINANCIERE CLASQUIN EUROMED
Initiator	FINANCIERE CLASQUIN EUROMED
Acquirer commitment	Firm and irrevocable
Waiver threshold	No threshold
Number of shares rights	108.927
Price per share right	385,00
Timetable	The schedule shall be set up and published later.
- FURTHER INFORMATION

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ENR.GOFIM.673.1

Date: 19/05/2023

For further information about the operation, the french admissibility decision, of Moroccan Financial Market Authority (AMMC), regarding the operation is available on the following link : Click here

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