OCI N.V. announced today that its American Depository Receipts (ADR) began trading on the OTCQX marketplace (OTCQX) today after upgrading to OTCQX International Premier. BNY Mellon will serve as OCI N.V.’s Principal American Liaison (PAL) on OTCQX.
OCI N.V. began trading today on OTCQX International Premier, a segment of the OTCQX marketplace reserved for world-leading companies that are listed on a qualified international exchange and provide their home country disclosure to U.S. investors. Each OCI N.V. ADR represents one ordinary share and trades under the symbol OCINY. OCI N.V.’s ordinary shares trade on the NYSE Euronext in Amsterdam.
Nassef Sawiris, Chief Executive Officer of OCI N.V., commented: “We are proud to join OTCQX and have established a U.S. DR program on the OTCQX marketplace to provide our growing U.S. investor base with efficient access to our security, providing additional liquidity trading in their time zone. Enhancing access to our shares for a larger shareholder base in the U.S. parallels our commitment to a substantial investment program in the country for both our core segments of fertilizers and construction.”
R. Cromwell Coulson, President and CEO of OTC Markets Group, commented: “We are pleased OCI N.V. has chosen to trade on OTCQX. OTCQX is the best OTC marketplace offering qualifying companies like OCI N.V. the means to grow their U.S. shareholder base through high-quality disclosure, transparent trading and ease of access to company information.”
U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
