Sale of Shares of Methanex Corporation
MethanexMethanex(US:MEOH) Prnewswire·2026-03-16 07:12

Core Viewpoint - OCI Global's subsidiary OCI Chemicals B.V. has sold 3,331,346 common shares of Methanex Corporation, representing approximately 4.3% of the total shares outstanding, for a total of about US$172.6 million in net proceeds [1][2]. Group 1: Share Sale Details - The sale price for the shares was US$51.80 each, and the transaction was executed as a block trade on March 13, 2026 [1]. - Prior to the sale, OCI held 9,944,308 shares, which was about 12.9% of the total shares outstanding. Post-sale, OCI now controls 6,612,962 shares, equating to approximately 8.6% of the total shares [2]. Group 2: Future Intentions - OCI has indicated that the share sale was conducted for investment purposes and may consider acquiring more Methanex securities or selling additional shares in the future, depending on market conditions and Methanex's financial status [5].

Sale of Shares of Methanex Corporation - Reportify