OCI Publishes Position Statement and Convenes Shareholder Meeting in Response to NNS Takeover Offer
OCI has published its position statement regarding the cash offer launched by NNS Holding (Cyprus) Limited for all issued and outstanding shares of OCI. The announcement follows requirements under Dutch takeover regulations, specifically Section 18 paragraph 3 of the Decree on public takeover bids. In addition to releasing its Position Statement, OCI is convening an Extraordinary General Meeting (EGM) scheduled for October 30, 2026 at 10:00 a.m. CET. At this EGM, shareholders will be asked to vote not only on the NNS offer but also on two additional proposals: a strategic combination between OCI and Orascom Construction PLC, as well as the OCIN Sale. All relevant documents are available for review on OCI's website. The company is providing transparency in its response to the takeover bid while seeking shareholder input on key corporate decisions. The developments reflect ongoing activity around potential ownership changes at OCI, with implications for strategic direction and stakeholder alignment.
