OCI N.V. Submits Mandatory Tender Offer to Egypt’s FSA

OCI N.V. announced Monday that it has formally filed a mandatory tender offer (MTO) to acquire all outstanding ordinary shares of Orascom Construction Industries S.A.E. (OCI S.A.E.) (OCIC.CA) listed on the Egyptian Exchange (EGX) with the Egyptian Financial Supervisory Authority (EFSA), in accordance with Chapter XII of Egypt’s Capital Markets Law No. 95 of the year 1992.

The ordinary shares total 47,169,862 and represent 22.5% of OCI S.A.E.’s total outstanding shares. The remaining 75.7% of OCI S.A.E.’s shares were converted to OCI N.V. shares through the Company’s Global Depository Receipts (GDR) Exchange Offer.