OCI Global N.V. confirmed that Oceanwood Capital Management LLP has withdrawn its power of attorney granted to Vereniging van Effectenbezitters in connection with the OCI N.V. Enterprise Chamber proceedings. The Oceanwood Fund represented approximately 93.75% of the roughly 2.01% of OCI's issued share capital attributed to the applicants in aggregate at the time of the original VEB application, with 3,980,000 OCI shares attributed to The Oceanwood Fund. Separately, Oceanwood disclosed to OCI that, as of 22 June 2026, funds managed by Oceanwood held 4,934,414 OCI shares.
OCI NVOceanwood Capital withdrew its power of attorney from VEB, weakening the legal challenge against OCI NV
OCI Co. Ltd.