Update — October 30, 2026: OCI issued a corrected release adding a voting-results annex. The combination resolutions received 154,609,658 votes in favor and 237,215 against, with 832,433 abstentions. Approval was 99.85% excluding abstentions. The separately proposed OCIN sale received 99.84% support on the same basis.
The annex reports approximately 73.79% of voting shares represented. Its free-float percentages cover only free-float shares present or represented, approximately 21% of total free float, and exclude family shares. They are not percentages of all free-float shareholders. The release identifies the correction as an added annex; the transaction timetable remains conditional.
Earlier Report — October 30, 2026
OCI shareholders approved all resolutions relating to its proposed combination with Orascom Construction, the company announced October 30.
The vote advances the transaction but does not establish that every implementation step has been completed. OCI described its updated timetable as indicative and subject to remaining corporate, regulatory, listing and settlement requirements.
The company expects its demerger to become effective November 2, following execution of the demerger deed. It said an Amsterdam court confirmed October 20 that no creditor had objected to that step.
OCI currently expects its final trading day to be November 26 and delisting from Euronext Amsterdam to take effect November 27. It expects eligible shareholder accounts to begin receiving Orascom Construction shares around December 8, subject to the offer and settlement timetable.
Individual account-crediting dates may vary considerably because intermediaries process settlement information differently. The company also said later milestones could shift if the offer timetable changes.
The announcement sets out a sequence of expected events, rather than a guarantee of a specific receipt date for each shareholder. OCI said it would announce changes and final dates under applicable requirements.
Sources: OCI’s shareholder-vote announcement and indicative timetable, October 30, 2026.