OCI N.V. announced today that as of the latest filings on 16 July 2013, 25.89% of Orascom Construction Industries S.A.E. (OCI S.A.E) 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.
