Home The WatchIndices news Orascom Construction Shareholders Approve OCI N.V. Offer

Orascom Construction Shareholders Approve OCI N.V. Offer

by Yomna Yasser

OCI N.V. reports the results of the Ordinary and Extraordinary General Meetings of its subsidiary, Orascom Construction Industries S.A.E. (OCIC.CA), which were convened earlier today.

A total of 168,118,467 Orascom Construction Industries S.A.E. shares were represented at the Ordinary General Meeting (OGM) representing 81.25% of total shares outstanding.

A total of 168,093,053 shares approved all resolutions in the OGM, representing 99.98% of total shares present.

Attending minority shareholders totaled 11,264,179 shares, with 99.83% of minority shareholders voting favorably.

A total of 168,523,196 Orascom Construction Industries S.A.E. shares were represented at the Extraordinary General Meeting (EGM) representing 81.44% of total shares outstanding.

A total of 168,193,660 shares approved all resolutions in the EGM, representing 99.80% of total shares present.

Attending minority shareholders totaled 11,358,136 shares, with 97.18% of minority shareholders voting favorably.

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