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NNS acquires shares in OCI, increasing stake to 54.75 percent

NNS Holding (Cyprus) Limited has purchased 134,422 shares in OCI Global N.V., raising its ownership to approximately 54.75 percent shortly after announcing a public takeover bid.

9 July 2026
NNS acquires shares in OCI, increasing stake to 54.75 percent

NNS Holding (Cyprus) Limited announced on July 9, 2026, that it acquired 134,422 shares in OCI Global N.V. The transaction increases NNS's ownership stake in OCI to approximately 54.75 percent of the total issued share capital. The purchased shares represent about 0.06 percent of OCI's outstanding shares.

NNS is currently undertaking a voluntary public takeover offer for all outstanding shares of OCI. The company confirmed its readiness to provide liquidity for selling shareholders without disrupting OCI's stock market or exceeding the offer price of EUR 4.10 per share. The average purchase price in today's transactions was EUR 4.0812 per share.

NNS, part of the privately held NNS Group founded by Nassef Sawiris, is already OCI's largest shareholder. The company initially announced its public takeover offer on June 24, 2026.

NNS has stated that it may acquire additional OCI shares in the future, independently of the offer, as permitted by applicable law. Such future purchases or agreements to purchase will also be disclosed via press releases.

Original source: prnewswire.com