OCI N.V. announced on Tuesday that as of the latest filings on 16 July 2013, 25.89% of Orascom Construction Industries (OCI S.A.E) (OCIC.CA) shareholders on the Egyptian Exchange have responded to the tender offer launched on 27 June 2013.
As it stands, 11,568,700 shares, representing 23.05% have elected to convert into OCI N.V.
A total of 1,424,973 shares, representing 2.84% of the offer size, have elected the cash offer.
The offer expires on 28 July 2013.