News Agency
Men's Weekly

  • Written by PR Newswire

AMSTERDAM, Oct. 11, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI) ("OCI") today announced that the divestment of OCI's 50% + 1 share stake in Fertiglobe (ADX: FERTIGLB) ("Fertiglobe") to Abu Dhabi National Oil Company P.J.S.C. ("ADNOC") disclosed in December 2023, has received all required approvals and is expected to close on Tuesday 15 October 2024.

Ahead of closing, a block trade will be initiated today, 11 October 2024 and is expected to settle on Tuesday 15 October 2024.

Following the completion of the transaction, ADNOC's shareholding in Fertiglobe will increase to 86.2% while the free float traded on the Abu Dhabi Securities Exchange (ADX) will remain at 13.8%.

Contact Details:

Sarah Rajani CFA, Vice President Investor Relations & CommunicationsEmail: sarah.rajani@oci-global.com 

Learn more about OCI at www.oci-global.com. You can also follow OCI on LinkedIn.

Read more https://www.prnasia.com/story/archive/4528718_AE28718_0

Contactless Payments and the Rise of the Smart EFTPOS Machine

Introduction In the fast-evolving world of digital commerce, the way consumers pay for goods and services has undergone a dramatic transformation. Traditional cash registers are being replaced with sleek, intelligent systems capable of handling payments quickly and securely. Among these innovations... Read more

Writers Wanted



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion