AndhraNews.net
Home » Business News » 2013 » February » February 13, 2013

Approval of Shareholders of EGM & OGM Resolutions


February 13, 2013 - Cairo, Egypt





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
Email Contact
http://www.rns.com

MarketWire

Comment on this story

Share