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NNS Acquires Shares in OCI

NNS announced on July 15, 2026, that it has acquired 628,024 shares in OCI at an average price of approximately EUR 4.0750 per share. The transaction increased NNS's holding by 0.30% of OCI's issued share capital.

15 July 2026
NNS Acquires Shares in OCI

Limassol, Cyprus โ€“ July 15, 2026 โ€“ NNS announced today that it has purchased 628,024 shares in OCI, a global producer and distributor of nitrogen and methanol products. The average price paid for these shares was EUR 4.0750 per share, with the highest price paid being EUR 4.08.

This acquisition represents approximately 0.30% of OCI's issued share capital. Following these transactions, NNS and associated parties hold a total of 117,147,724 OCI shares, representing approximately 55.43% of the company's outstanding equity. NNS is OCI's largest shareholder.

NNS, part of the privately-owned NNS Group founded by Nassef Sawiris in 2008, manages diversified family assets. The group invests in a multi-asset platform including publicly traded and private equity stocks, bonds, and real estate.

The company stated that it and its affiliates may continue to acquire OCI shares on the open market. NNS is required to announce such purchases if legally mandated, with details posted on its website.

Original source: prnewswire.com