JET ENERGY to launch IPO on Casablanca Stock Exchange

JET ENERGY is preparing for an initial public offering (IPO) on the Casablanca Stock Exchange to raise between 328.125 million and 375.375 million dirhams. The Moroccan Capital Market Authority (AMMC) approved the prospectus for the operation on October 21, 2026.

The capital increase involves the issuance of 2.625 million new ordinary shares, with a nominal value of 10 dirhams each. The indicative subscription price is set between 125 and 143 dirhams per share. The subscription period is scheduled to take place from November 2 to November 5, 2026.

The shares will be listed in the Principal F compartment of the Casablanca Stock Exchange. This operation follows authorization from the company’s extraordinary general meeting in December 2025 and its board of directors in October 2026.