• The Company opened its capital to the EBRD for a capital increase of 480 MMAD to finance the growth.
• The Company entered into a management mandate with REIM Partners with a view to becoming a key player in the real estate market while complying with international REITs standards.

• Vecteur LV became Aradei Capital in 2018 and has since continued its investment plan to build a diversified portfolio in Morocco.
• The Company launched its first operation on the market in the form of a bond issue of 600 MMAD.
• The transaction was oversubscribed 15 times.

• PIC invested MMAD 490 in the Company on behalf of the South African Government Employees Pension Fund (“GEPF”) (13% stake).
• AMMC approved the commercial paper issuance program in January 2020 (up to 500 MMAD). Two lines of credit were issued in April for 150 MMAD.

• The Company made a global investment of more than 2.8 billion MAD since its new mission in 2015.

Strategic acquisition of OPCI CLEO PIERRE SPI-RFA shares

A two-part operation:

• (i) acquisition by Aradei Capital of “CLEO PIERRE SPI-RFA” shares for an amount of nearly 557 million dirhams;
• (ii) BMCI’s entry into Aradei Capital’s capital to the tune of just under 5%. The portfolio is made up of 103 bank’s retail branches leased to BMCI under long-term lease contracts for a valuation of 620 million dirhams.

Signing of a strategic partnership with Akdital Holding and BFO Partners in the private healthcare sector

Raising of 250 MMAD within the approved capital increase (up to 500 MMAD) in order to continue financing the pipeline in progress including (i) the healthcare facilities with Akdital holding and (ii) the expansion of the Sela retail brand.