OCI N.V. to Proceed with Filing Documentation CAIRO,

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
OCI N.V. to Proceed with Filing Documentation

CAIRO, EGYPT--(Marketwired - May 14, 2013) -

 

                                    Cairo,Egypt / 14 May, 2013 9:00 AM

OCI N.V. to Proceed with Filing Documentation to Complete Exchange
Offer

OCI N.V.'s subsidiary, Orascom Construction Industries (OCI), announced
today that it has been advised by OCI N.V. of its intention to formally
proceed with filing all necessary documentation with the relevant
Egyptian authorities to complete the Company's tender offer for the
ordinary shares of OCI listed on the Egyptian Stock Exchange (EGX).

Pursuant to Chapter XII of Egypt's Capital Markets Law No. 95 of the
year 1992, OCI N.V. will offer holders of OCI's outstanding ordinary
shares listed on the EGX the option to exchange their shares for OCI
N.V. shares, or, at the election of the relevant holder, a cash
alternative of EGP 255 per share.

The Company has signed extensions to the equity commitments made
byparticipating US investors comprising Cascade Investment, L.L.C.,
Southeastern Asset Management, and Davis Selected Advisers to fund the
cash alternative to shareholders.

OCI remains committed to announcing further details related to the
offer in due course.




About OCI N.V.:

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.

For additional information contact:
Investor Relations            For additional information on OCI N.V.:
Department:

Omar Darwazah                  www.ocinv.nl 
Email:
 odarwazah@orascomci.co.uk 
                              Mijnweg 1,
Erika Wakid                   6167 AC Geleen,
Email:                        The Netherlands
 ewakid@orascomci.co.uk 
Hassan Badrawi                OCI N.V. stock symbols: OCI / OCI.NA /
Director                      OCI.AS
Tel: +202 2461 1036/0727/0917

Fax: +202 2461 9409












                    This information is provided by RNS
          The company news service from the London Stock Exchange

END
 

Contacts: RNS Customer Services 0044-207797-4400 Email Contact http://www.rns.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Xiaomi's Smart Auto Factory Draws Global Media Praise

Updated Category News Views 202

Xiaomi Impresses Global Media in Beijing Factory Tour In the ever-changing world of NEVs (New Energy Vehicles), a tour of Xiaomi's smart auto factory in Beijing has made waves among global media folks. These scribes got an up-close look at Xiaomi's magic mix of tech and style on November 6, part of a grand media gathering. What's Under the Hood? Marcos Costa de Oliveira,...

Continue Reading
Tax Planning vs. Preparation: Strategic Differences

Updated Category News Views 89

Tax Strategy: Not All About April 15 Ready to fend off that taxman? Well, don’t just wait for that dreaded April deadline. Greg Harrison over at Harrison Financial Management spills some wisdom on the oft-overlooked nuances between tax planning and tax preparation. It’s not just semantics; it’s the difference between shaping your financial future and simply...

Continue Reading
PVA Unveils Hotel Accessibility Guide for Disabled Travelers

Updated Category News Views 141

Is Your Hotel Truly Accessible? Time to Find Out. Another day, another step toward making the world a bit more navigable for folks with mobility challenges—and it's about time the hospitality sector caught up. Today, Paralyzed Veterans of America (PVA) rolled out the first volume of their 'Best Practices in Hotel Accessibility Guide.' Think of it as a roadmap for hotels...

Continue Reading
Mako Hiraizumi Shines with Silver at Japan Triathlon

Updated Category News Views 115

A Triathlete with Grit and Ambition Mako Hiraizumi didn't just earn a silver medal at the 32nd Japan Triathlon National Championships; she set an example of perseverance and ambition. Rising a notch from her bronze finish last year, Hiraizumi's runner-up achievement at Tokyo's Odaiba Seaside Park is no small feat. Yet, she's not resting on her laurels. This athlete from...

Continue Reading
Orthodontic Treatment: Timelines and Expert Insights

Updated Category News Views 37

Getting Straight to the Point: Orthodontic Timelines Remember that time your teen self thought braces would be over in a flash? Yeah, well, Dr. Judith Okun might have a few words on that. When it comes to braces, you better buckle up for the long haul. Most folks are looking at a solid two years, give or take. No magic shortcuts here, just solid orthodontic science. The...

Continue Reading
Tigo Energy Faces Class Action: Investor Deadline Looms

Updated Category News Views 69

Unpacking Tigo's Rollercoaster: Lawsuit & Market Reaction They sometimes say, "When it rains, it pours." For Tigo Energy, it’s been more a downpour than a drizzle. Here we are, chasing down what's going on with Tigo Energy (NASDAQ:TYGO), fresh off the heels of a class action fuss that's grabbed every investor's attention. If you've got a stake, or even a passing...

Continue Reading
Tuya Gears Up for Q3 Financial Results Amid AI Growth

Updated Category News Views 87

Tuya's Third Quarter: What Are We Watching? Alright, folks, Tuya's about to drop their third quarter financial results like it's a hot potato. Circle November 23, 2026, on your calendars. That's when we'll get the goods on whether this AI cloud heavyweight is coasting or crushing it. Conference Call: The Gathering of Numbers The number-crunching brigade kickstarts at 7:30...

Continue Reading
Deadline Looms for BETR Investors: Take Action Now

Updated Category News Views 13

What’s the Fuss About? Alright folks, let’s lay this out simple: Better Home & Finance Holding Company (NASDAQ: BETR) is in hot water. A class action’s been slapped on them, accusing the firm of sugarcoating its business prospects. If you bought BETR shares between March 13, 2026, and May 7, 2026, you might have a dog in this fight. Buckle up, because the stakes are...

Continue Reading
EICMA 2026: Groundbreaking Moves in Two-Wheel World

Updated Category News Views 88

Revving Up in Milan: A Record-Breaking EICMA If you're into two-wheelers as much as stocks, EICMA 2026 is where all the action is happening. They opened the door with a bang at Fiera Milano Rho, pulling off their biggest showcase yet. Ten halls packed to the brim, up from nine the previous year, creating buzz across the globe. Showcasing 765 exhibitors and 2,142 brands...

Continue Reading
Innovative Breaker Bar Reinvents Torque Application

Updated Category News Views 66

A Fresh Take for Do-It-Yourselfers Ever tried to budge a stubborn bolt and felt like you were arm wrestling a gorilla? This is why a Winter Garden, Florida inventor has stepped up to the plate with the "BREAK IT," an adjustable breaker bar that promises to make this grimy task much smoother. Forget the days of waving around a cumbersome cheater bar. With this gadget,...

Continue Reading

Top 5 Most Recently Viewed Articles

Examining the Securities Fraud Allegations Against Symbotic Inc.

Updated Category News Views 257

Understanding the Current Legal Landscape for Symbotic Inc. Recently, the arena of securities fraud has seen significant action surrounding Symbotic Inc. and its senior executives. The leading plaintiffs' firm has stepped forward, announcing a class-action lawsuit against these parties, alleging potential breaches of federal securities laws, a situation that has caught...

Continue Reading
Bain Capital and CC Capital Battle for Insignia Financial

Updated Category News Views 180

Insignia Financial Sees Surge in Stock Value Recently, the shares of Insignia Financial Ltd (ASX: IFL) soared, reaching a peak not seen in over three years. This surge was primarily fueled by an intense bidding war between private equity giants. Bain Capital's updated offer has brought significant attention to the company's future prospects and the ongoing competition...

Continue Reading
JLL Secures Major Financing for Expanding Industrial Assets

Updated Category News Views 306

JLL's Financing Breakthrough for Industrial Portfolio JLL's Capital Markets group has achieved a significant milestone by securing $357.8 million in acquisition financing for the MDH F3 Arctic Portfolio. This impressive industrial portfolio encompasses 5.5 million square feet and is completely leased across several states. This noteworthy deal illustrates JLL's expertise...

Continue Reading
Exploring the Growing Juice Testing Market Trends and Insights

Updated Category News Views 172

Understanding the Juice Testing Market Growth The juice testing market is projected to grow significantly, with estimates of reaching USD 1.28 billion by 2030. This growth reflects a compound annual growth rate (CAGR) of 8.2% from its estimated value of USD 0.86 billion in 2025. The continuous increase is largely driven by rising consumer awareness regarding food safety...

Continue Reading
NCS Multistage Reports Strong Q1 2025 Financial Performance

Updated Category News Views 227

NCS Multistage Holdings, Inc. Shares Impressive First Quarter Results Our story begins with NCS Multistage Holdings, Inc. (NASDAQ: NCSM), which has recently reported its financial performance for the first quarter of 2025, showcasing a transformative period for the company. Total revenues soared to an impressive $50.0 million, marking a significant 14% improvement...

Continue Reading