AI assistant
OCI N.V. — Share Issue/Capital Change 2017
Dec 27, 2017
3869_iss_2017-12-27_478ce304-1184-4811-ae5e-139389566275.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
Press Release
Amsterdam, The Netherlands / 27 December, 2017
OCI N.V. to Acquire 8.4% of Publicly Held Common Units of OCIP
OCI N.V. (Euronext: OCI) today announced that it has agreed to acquire 7.3 million common units of OCI Partners LP (NYSE: OCIP) ("OCI Partners") at a total cost of \$61 million, implying \$8.40 per common unit. The units are being purchased from certain minority unitholders in privately negotiated transactions and represent 8.4% of total issued and outstanding common units of OCI Partners. OCI N.V. expects to complete the acquisition of the units on 27 December, 2017. Following the transaction, OCI's ownership in OCI Partners would stand at 88.25%.
Press Release
About OCI N.V.
OCI N.V. (Euronext: OCI) is a global producer and distributor of natural gas-based fertilizers & industrial chemicals based in the Netherlands. OCI produces nitrogen fertilizers, methanol and other natural gas based products, serving agricultural and industrial customers from the Americas to Asia. OCI is a leading global nitrogen fertilizer producer with over 9.6 million metric tons of capacity. OCI is also on track to become one of the world's largest methanol producers with almost 3.7 million tons of capacity. OCI is listed on Euronext in Amsterdam.
For additional information contact:
OCI N.V. Investor Relations Department:
Hans Zayed Director Email: [email protected]
Tel: +31 (0) 6 18 251 367
For additional information on OCI:
www.oci.nl
OCI stock symbols: OCI / OCI.NA / OCI.AS / OCINY
Honthorststraat 19 1071 DC Amsterdam The Netherlands