PR Newswire
AMSTERDAM, Oct. 15, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI) ("OCI" or the "Company"), a leading global producer and distributor of hydrogen products is pleased to announce the successful closing of the divestment of its entire 50% +1 share stake in Fertiglobe (ADX: FERTIGLB) ("Fertiglobe") to Abu Dhabi National Oil Company P.J.S.C. ("ADNOC"), following the satisfaction of all necessary legal and regulatory conditions, customary closing adjustments and receipt of OCI shareholder approval. Following completion of the transaction, ADNOC's shareholding in Fertiglobe has formally increased to 86.2% while the free float traded on the Abu Dhabi Securities Exchange ("ADX") remains at 13.8%. For more information on the transaction, reference is made to the press release published upon signing on 15 December 2023.
AMSTERDAM, Oct. 15, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI) ("OCI" or the "Company") a leading global producer and distributor of hydrogen products today announced that Mr. Ahmed El-Hoshy has informed the Board that he will resign as CEO of OCI after more than four years in the role, and that he will continue as the CEO of Fertiglobe on a full-time basis, to lead it through its next phase of growth. Mr. Hassan Badrawi, OCI's current Chief Financial Officer will assume responsibility as Chief Executive Officer of OCI. Mr. Beshoy Guirguis, OCI's current Vice President of Global Growth and Transformation, and Chief Financial Officer of OCI US Nitrogen will assume the role of Chief Financial Officer of OCI. All changes will become effective immediately.
AMSTERDAM, Oct. 15, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI) ("OCI" or the "Company"), a leading global producer and distributor of hydrogen products is pleased to announce the successful closing of the divestment of its entire 50% +1 share stake in Fertiglobe (ADX: FERTIGLB) ("Fertiglobe") to Abu Dhabi National Oil Company P.J.S.C. ("ADNOC"), following the satisfaction of all necessary legal and regulatory conditions, customary closing adjustments and receipt of OCI shareholder approval. Following completion of the transaction, ADNOC's shareholding in Fertiglobe has formally increased to 86.2% while the free float traded on the Abu Dhabi Securities Exchange ("ADX") remains at 13.8%. For more information on the transaction, reference is made to the press release published upon signing on 15 December 2023.
AMSTERDAM, Oct. 15, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI) ("OCI" or the "Company"), a leading global producer and distributor of hydrogen products is pleased to announce the successful closing of the divestment of its entire 50% +1 share stake in Fertiglobe (ADX: FERTIGLB) ("Fertiglobe") to Abu Dhabi National Oil Company P.J.S.C. ("ADNOC"), following the satisfaction of all necessary legal and regulatory conditions, customary closing adjustments and receipt of OCI shareholder approval. Following completion of the transaction, ADNOC's shareholding in Fertiglobe has formally increased to 86.2% while the free float traded on the Abu Dhabi Securities Exchange ("ADX") remains at 13.8%. For more information on the transaction, reference is made to the press release published upon signing on 15 December 2023.
AMSTERDAM, Oct. 15, 2024 /CNW/ -- OCI Global (Euronext: OCI) ("OCI" or the "Company"), a leading global producer and distributor of hydrogen products is pleased to announce the successful closing of the divestment of its entire 50% +1 share stake in Fertiglobe (ADX: FERTIGLB) ("Fertiglobe") to Abu Dhabi National Oil Company P.J.S.C. ("ADNOC"), following the satisfaction of all necessary legal and regulatory conditions, customary closing adjustments and receipt of OCI shareholder approval. Following completion of the transaction, ADNOC's shareholding in Fertiglobe has formally increased to 86.2% while the free float traded on the Abu Dhabi Securities Exchange ("ADX") remains at 13.8%. For more information on the transaction, reference is made to the press release published upon signing on 15 December 2023.
AMSTERDAM, Sept. 30, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI), a leading global producer and distributor of hydrogen products is pleased to announce the successful closing of the divestment of its Clean Ammonia project in Beaumont, Texas to Woodside Energy Group Ltd, signed on 5 August 2024, following the satisfaction of customary closing conditions and receipt of OCI shareholder approval.
AMSTERDAM, Aug. 29, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI), a leading global producer and distributor of hydrogen products is pleased to announce the successful closing of the divestment of 100% of its indirect interest in its large-scale US greenfield nitrogen fertilizer facility Iowa Fertilizer Company LLC, in Wever, Iowa to Koch Ag & Energy Solutions, signed on December 18, 2023, following the required regulatory and shareholder approvals.
AMSTERDAM, Aug. 29, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI), a leading global producer and distributor of hydrogen products is pleased to announce the successful closing of the divestment of 100% of its indirect interest in its large-scale US greenfield nitrogen fertilizer facility Iowa Fertilizer Company LLC, in Wever, Iowa to Koch Ag & Energy Solutions, signed on December 18, 2023, following the required regulatory and shareholder approvals.
AMSTERDAM, Aug. 29, 2024 /CNW/ -- OCI Global (Euronext: OCI), a leading global producer and distributor of hydrogen products is pleased to announce the successful closing of the divestment of 100% of its indirect interest in its large-scale US greenfield nitrogen fertilizer facility Iowa Fertilizer Company LLC, in Wever, Iowa to Koch Ag & Energy Solutions, signed on December 18, 2023, following the required regulatory and shareholder approvals.
AMSTERDAM, Aug. 29, 2024 /PRNewswire/ -- OCI Global (Euronext: OCI), a leading global producer and distributor of hydrogen products is pleased to announce the successful closing of the divestment of 100% of its indirect interest in its large-scale US greenfield nitrogen fertilizer facility Iowa Fertilizer Company LLC, in Wever, Iowa to Koch Ag & Energy Solutions, signed on December 18, 2023, following the required regulatory and shareholder approvals.
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