Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

Approval of Shareholders of EGM & OGM Resolutions


Approval of Shareholders of EGM & OGM Resolutions

CAIRO, EGYPT -- (Marketwire) -- 02/13/13 -- *T

Cairo,Egypt / 13 February 2013, 12:45 PM

OCI Announces Approval of Shareholders of all EGM and OGM Resolutions Pertaining to OCI N.V. Offer

Orascom Construction Industries (OCI) announced the results of its Ordinary and Extraordinary General Meetings were convened earlier today. A total of 83.07% of the Company's shareholders were represented at the meetings including 59.70% in shares representing the Sawiris family and The Abraaj Group (Abraaj). At the request of Egyptian Financial Supervisory Authority (EFSA), the Sawiris family, Abraaj, and shareholders who have agreed to swap into OCI N.V. have all agreed to abstain from voting on resolutions pertaining to matters related to the share exchange offer by OCI N.V. and the planned mandatory tender offer to holders of ordinary shares.

Attending minority shareholders approved all resolutions for both the ordinary and extraordinary general meetings with 99.99% voting favorably and 100 shares voting against.

For additional information contact:

For additional information on OCI: OCI Investor Relations Department:

www.orascomci.com Omar Darwazah Email: OCI stock symbols: omar.darwazah@orascomci.com OCIC.CA / ORCI EY /OCICqL / ORSD

Erika Wakid Orascom Construction Industries (OCI) Email: Nile City Towers - South Tower erika.wakid@orascomci.com 2005A Corniche El Nil

Cairo, Egypt

Hassan Badrawi Director

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
rns@londonstockexchange.com
http://www.rns.com

Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement