OCI N : NV Confirms €3.50 Per Share Cash Distribution with respect to H2 2022
January 05, 2023 at 01:28 pm IST
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Press Release
Amsterdam, The Netherlands / 5 January 2023
OCI NV Confirms €3.50 Per Share Cash Distribution with respect to H2 2022
OCI N.V. (Euronext: OCI) today announced it confirms a semi-annual cash distribution with respect to H2 2022 of €3.50 per share (or c.$780 million at current exchange rates, consisting of a $200 million base return of capital and a variable element), in line with the company's guidance given during the Q3 2022 results publication.
Combined with a €3.55 / share (c.$740 million) cash distribution in October 2022, this brings the total cash return to shareholders with respect to FY2022 to €7.05 per share (c.$1.5 billion).
OCI is convening an extraordinary shareholders meeting (EGM) on 16 February 2023 to request for shareholder approval for the H2 2022 distribution of €3.50 per share through a repayment of capital, resulting in a distribution to shareholders scheduled for April 2023. The convening notice and other materials can be found on our website at www.oci.nl.
In case of shareholder approval and no objections during the statutory two-month creditor opposition period, the ex- date, record date and payment date are expected to be as follows:
Indicative timetable for the €3.50 cash distribution with respect H2 2022
Ex-date
Record date
Payment date
Date
20 April 2023
21 April 2023
26 April 2023
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About OCI N.V.
OCI N.V. (Euronext: OCI) is a leading global producer and distributor of hydrogen-based products providing low carbon fertilizers, fuels, and feedstock to agricultural, transportation, and industrial customers around the world. OCI's production capacity spans four continents and comprises approximately 16.3 million metric tons per year of hydrogen-based products including nitrogen fertilizers, methanol, biofuels, diesel exhaust fluid, melamine, and other products. OCI has more than 3,850 employees, is headquartered in the Netherlands and listed on Euronext in Amsterdam.
Learn more about OCI at www.oci.nl. You can also follow OCI on Twitter and LinkedIn.
For additional information contact:
OCI N.V. Investor Relations:
Hans Zayed
Director
Email: hans.zayed@oci.nl
Tel: +31 (0) 6 18 251 367
For additional information on OCI:
www.oci.nl
OCI stock symbols: OCI / OCI.NA / OCI.AS
Honthorststraat 19
1071 DC Amsterdam
The Netherlands
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OCI NV published this content on 05 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 January 2023 07:57:08 UTC.
OCI N.V. is a world-leading producer and distributor of nitrogen, methanol and hydrogen products, driving forward the decarbonization of the energy-intensive industries that shape, feed and fuel the world. Through its cleaner products and practical solutions, OCI N.V. is improving the way to work and live by making transport cleaner, products greener and harvests better.
As a game-changing leader in its industry, the group is supporting food and energy security today, and developing cleaner solutions for tomorrow.
OCI N.V. is strategically positioned with unrivalled global capabilities and assets, giving it the infrastructure and network to deliver high-quality products at speed and scale.
OCI N.V. 
