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OCI N.V.

OCI N.V.

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Publicatie datum 03 nov 2014 - 00:53
Statutaire naam OCI N.V.
Titel OCI S.A.E. Announces Plans to Terminate Its American Depositary Receipts and Global Depositary Receipts Programs
Bericht 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: DF King Worldwide: Tel.: (+44) 207 920 9700 Email: oci@kingworldwide.com The Bank of New York Mellon: Tony Tooma Vice President Middle East Relationship Management Tel.: (+1) 212 815 2136 Email: tony.tooma@bnymellon.com