OCI N.V. Notes Court Decision Dismissing Shareholder Inquiry Petition
The Enterprise Chamber of the Amsterdam Court of Appeal has dismissed a petition filed by VEB and other shareholders seeking an inquiry into OCI's operations, policy, and governance. The court ruled against ordering any investigation and ordered the petitioning parties to cover administrative costs totaling approximately €18,000. OCI confirmed that its previously announced NNS offer and the Extraordinary General Meeting scheduled for 30 October 2026 will proceed as planned. Shareholders are advised to refer to existing documentation such as the offer memorandum and position statement for further details on the proposed combination. The court's decision is expected to reinforce OCI’s strategic direction, while the financial liability imposed on VEB and Smits may be seen as a deterrent against similar legal actions in the future.
