{"id":10356,"date":"2024-10-11T21:37:51","date_gmt":"2024-10-11T14:37:51","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=10356"},"modified":"2024-10-11T21:37:51","modified_gmt":"2024-10-11T14:37:51","slug":"oci-to-close-divestment-of-controlling-stake-in-fertiglobe","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=10356","title":{"rendered":"OCI to Close Divestment of Controlling Stake in Fertiglobe"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">AMSTERDAM<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 11, 2024<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0OCI Global (Euronext: OCI) (&#8220;OCI&#8221;) today announced that the divestment of OCI&#8217;s 50% + 1 share stake in Fertiglobe (ADX: FERTIGLB) (&#8220;Fertiglobe&#8221;) to Abu Dhabi National Oil Company P.J.S.C. (&#8220;ADNOC&#8221;) disclosed in <span class=\"xn-chron\">December 2023<\/span>, has received all required approvals and is expected to close on Tuesday <span class=\"xn-chron\">15 October 2024<\/span>.<\/p>\n<p>Ahead of closing, a block trade will be initiated today, <span class=\"xn-chron\">11 October 2024<\/span> and is expected to settle on Tuesday <span class=\"xn-chron\">15 October 2024<\/span>.<\/p>\n<p>Following the completion of the transaction, ADNOC&#8217;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%.<\/p>\n<p>Contact Details:<\/p>\n<p>Sarah\u00a0Rajani CFA, Vice President Investor Relations &amp; Communications<br \/>Email: <a href=\"mailto:hans.zayed@oci-global.com\" target=\"_blank\" rel=\"noopener\">sarah.rajani@oci-global.com<\/a>\u00a0<\/p>\n<p>Learn more about OCI at <a href=\"http:\/\/www.oci-global.com\/\" target=\"_blank\" rel=\"noopener\">www.oci-global.com<\/a>. You can also follow OCI on <a href=\"https:\/\/www.linkedin.com\/company\/ociglobal\/mycompany\/?viewAsMember=true\" target=\"_blank\" rel=\"noopener\">LinkedIn.<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">AMSTERDAM<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 11, 2024<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0OCI Global (Euronext: OCI) (&#8220;OCI&#8221;) today announced that the divestment of OCI&#8217;s 50% + 1 share stake in Fertiglobe (ADX: FERTIGLB) (&#8220;Fertiglobe&#8221;) to Abu Dhabi National Oil Company P.J.S.C. (&#8220;ADNOC&#8221;) disclosed in <span class=\"xn-chron\">December 2023<\/span>, has received all required approvals and is expected to close on Tuesday <span class=\"xn-chron\">15 October 2024<\/span>.<\/p>\n<p>Ahead of closing, a block trade will be initiated today, <span class=\"xn-chron\">11 October 2024<\/span> and is expected to settle on Tuesday <span class=\"xn-chron\">15 October 2024<\/span>.<\/p>\n<p>Following the completion of the transaction, ADNOC&#8217;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%.<\/p>\n<p>Contact Details:<\/p>\n<p>Sarah\u00a0Rajani CFA, Vice President Investor Relations &amp; Communications<br \/>Email: <a href=\"mailto:hans.zayed@oci-global.com\" target=\"_blank\" rel=\"noopener\">sarah.rajani@oci-global.com<\/a>\u00a0<\/p>\n<p>Learn more about OCI at <a href=\"http:\/\/www.oci-global.com\/\" target=\"_blank\" rel=\"noopener\">www.oci-global.com<\/a>. You can also follow OCI on <a href=\"https:\/\/www.linkedin.com\/company\/ociglobal\/mycompany\/?viewAsMember=true\" target=\"_blank\" rel=\"noopener\">LinkedIn.<\/a><\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-10356","post","type-post","status-publish","format-standard","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/10356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10356"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/10356\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}