Brief: Oci Confirms It Has Received A Petition Filed By Value8
BRIEF-Oci Confirms It Has Received A Petition Filed By Value8 Sept 3 (Reuters) - OCI N.V. OCI.AS:
CONFIRMS THAT IT HAS RECEIVED A PETITION FILED BY VALUE8 N.V.
COMPANY IS REVIEWING PETITION TOGETHER WITH ITS LEGAL ADVISERS AND BELIEVES IT IS WITHOUT MERIT
PETITION SEEKS, AMONG OTHER THINGS, AN INQUIRY INTO OCI'S AFFAIRS AND REQUESTS CERTAIN INTERIM MEASURES, INCLUDING AN ORDER PROHIBITING OCI FROM PUTTING PROPOSED COMBINATION WITH ORASCOM CONSTRUCTION PLC TO A SHAREHOLDER VOTE
IF GRANTED, REQUESTED INTERIM MEASURES COULD DELAY OR PREVENT COMPLETION OF PROPOSED TRANSACTION AND CERTAIN RELATED TRANSACTIONS
FILING OF PETITION DOES NOT CHANGE OCI’S FOCUS ON EXECUTING ITS ANNOUNCED STRATEGY AND PURSUING TRANSACTIONS PREVIOUSLY COMMUNICATED TO SHAREHOLDERS
Source text: [here]
Further company coverage: OCI.AS
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