Delisting Announcement • Nov 3, 2014
Delisting Announcement
Open in ViewerOpens in native device viewer
Amsterdam, the Netherlands / 3 November 2014 8:30 AM
OCI N.V.'s (NYSE Euronext: OCI) Egyptian subsidiary, Orascom Construction Industries S.A.E. (OCI S.A.E.), announced today that it will terminate its American Depositary Receipts (ADR) and Global Depositary Receipts (GDR) programs.
As a first step for such purposes, OCI S.A.E. has provided written notice to The Bank of New York Mellon, as Depositary, to terminate the deposit agreements relating to the ADRs and the GDRs (the Deposit Agreements), with such terminations to take effect at 5:00 pm (Eastern Time) on 24 November 2014 (with respect to the ADR agreement) and at 5:00 pm (GMT) on 23 January 2015 (with respect to the GDR agreement). Both ADR and GDR holders will have until 23 January 2015 to decide whether they would like to receive the OCI S.A.E. shares underlying their ADRs or GDRs or the net proceeds of the sale of those shares by the Depositary.
The Depositary will contact ADR and GDR holders in due course with additional information on this process, including those necessary and proper actions to be executed.
For additional information, ADR and GDR holders are invited to contact our Information Agent, DF King, or The Bank of New York Mellon at:
Tel.: (+44) 207 920 9700 Email: [email protected]
Tony Tooma Vice President Middle East Relationship Management Tel.: (+1) 212 815 2136 Email: [email protected]
OCI N.V. is a global producer of natural gas-based fertilizers & industrial chemicals and an engineering & construction contractor based in the Netherlands. The Fertilizer & Chemicals Group produces nitrogen fertilizers, methanol and other natural gas based products, serving agricultural and industrial customers from the Americas to Asia. We rank among the world's largest nitrogen fertilizer producers with current production capacity of nearly 7 million metric tons in the Netherlands, the United States, Egypt and Algeria. The Engineering & Construction Group provides international engineering and construction services primarily focused 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. It ranks among the world's top global contractors. OCI N.V. employs approximately 55,000 people in 35 countries and is listed on Euronext in Amsterdam.
Hans Zayed Director Email: [email protected]
Erika Wakid Email: [email protected]
Tel: +31 (0) 6 18 251 367
OCI N.V. stock symbols: OCI / OCI.NA / OCI.AS / OCINY
Mijnweg 1, 6167 AC Geleen, The Netherlands
Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of OCI N.V. You can identify forward-looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could", "may", or "might", the negative of such terms or other similar expressions. These statements are only predictions and actual events or results may differ materially. OCI N.V. does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in OCI N.V.'s projections or forward-looking statements, including, among others, general economic conditions, its competitive environment, as well as many other risks specifically related to OCI N.V. and its operations.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.