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OCI Global sells remaining Methanex stake

Key highlights
  • Sold 2,612,962 Methanex common shares, about 3.4% of outstanding
  • Block trade executed on 20 April at US$52.85 per share
  • Net proceeds were approximately US$138.1 million after fees
  • OCI no longer owns or controls Methanex shares but may buy or sell securities in the future

Transaction details

OCI Global's subsidiary OCI Chemicals B.V. sold its remaining 2,612,962 common shares of Methanex (≈3.4% of outstanding) in a block trade on 20 April at US$52.85 per share, yielding net proceeds of about US$138.1 million after fees.

Ownership status

Following the disposition, OCI no longer owns or exercises control or direction over any Methanex shares.

Source: OCI

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