Corporate actions
Mar 09, 2015

OCI NV.: Spin-off

On 6 November 2014, the company OCI NV provided details about the announced spin-off of Orascom Construction Ltd. Shareholders of OCI NV shall receive one Orascom Construction Ltd. share for each two OCI NV shares they hold.

The spin-off will become effective on 9 March 2015. The new Orascom Construction Ltd. shares will be listed at Nasdaq Dubai on 9. March 2015.

 

Closing Price OCI N.V.: 30.885 EUR
Closing Price Orascom Construction Ltd: 14.69 USD
EUR/USD Fixing: 1.086

R-Factor: 0.82035359

Adjusted contract size: 121.8987

Adjusted settlement price:
MAR15    37.6508 --> 30.887

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