BOCGAS Announces that Linde Plc Now Holds an Indirect Beneficial Ownership in the Company

Proshare

 Thursday, February 21, 2019 01:13PM / NSE

 

BOC Gases Nigeria Plc wishes to notify its shareholders and The Nigerian Stock Exchange that by virtue of the merger between Linde AG (a company registered in Germany and listed on the Frankfurt Stock Exchange) and Praxair, Inc. (a company registered in the United States of America and formally listed on the New York Stock Exchange) which was concluded on 31s October 2018, Linde Plc (a company registered in Ireland and listed on the Frankfurt and New York Stock Exchanges) has become the parent company of Linde AG and Praxair, Inc. As a result, through its 92% interest in Linde AG, Linde Plc now holds an indirect beneficial interest in BOC UK and also, an indirect beneficial ownership in BOC Gases Nigeria Plc.

We confirm that following the merger, BOC UK will continue to hold all the shares it currently holds in BOC Gases Nigeria PLC, and that none of these shares will be transferred by BOC UK to any other person as a direct consequence of the merger. Please note that BOC Holdings Limited UK (“BOC UK”) holds 249,746,823 shares representing 60% of the issued shares of BOC Gases Nigeria PLC.

Please contact the undersigned on (gaboriseh@aol.com or adeshina.alayaki@boc.com) for any additional information or clarification.


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