M&A Activity • Jul 29, 2013
M&A Activity
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Amsterdam, the Netherlands / 28 July, 2013 6:00 PM
OCI N.V. announced today that as of the closing filings on 28 July 2013, OCI N.V. expects to own 97.44% of OCI S.A.E. corresponding to 201,616,948 as a result of the tender offer launched on 27 June 2013. The remaining shares in OCI S.A.E. include 0.47% in Global Depository Receipts (GDRs) on the London Stock Exchange, 0.51% in American Depository Receipts (ADRs) on the New York Stock Exchange, and 1.58% on the Egyptian Stock Exchange. A total of 15,714,488 shares, representing 31.31% of the offer size have elected to convert into OCI N.V. A total of 29,180,180 shares, representing 58.13% of the offer size, have elected the cash offer.
OCI N.V.'s shares outstanding now total 201,616,948 shares, including 87,333,575 shares of free float, representing 43.32%. The balance of the shares continues to be held by the Sawiris family.
Settlement of the cash and share elections will be completed in five business days.
OCI N.V. is a global nitrogen-based fertilizer producer and engineering & construction contractor based in the Netherlands. The Fertilizer Group owns and operates nitrogen fertilizer plants in the Netherlands, the United States, Egypt and Algeria and has an international distribution platform spanning from the Americas to Asia. The Fertilizer Group ranks among the world's top fertilizer producers with a fertilizer production capacity of nearly 7 million metric tons. The Construction Group provides international engineering and construction services primarily on infrastructure, industrial and high-end commercial projects in the United States, Europe, the Middle East, North Africa and Central Asia for public and private clients. The Construction Group ranks among the world's top global contractors. OCI N.V. employs more than 75,000 people in 35 countries around the globe and is listed on the NYSE Euronext in Amsterdam.
Omar Darwazah Email: [email protected]
Erika Wakid Email: [email protected]
Hassan Badrawi Director
Tel: +202 2461 1036/0727/0917
Fax: +202 2461 9409
For additional information on OCI N.V.:
Mijnweg 1, 6167 AC Geleen, The Netherlands
OCI N.V. stock symbols: OCI / OCI.NA / OCI.AS / OCINY
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