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NNS Buys OCI Shares on July 9

NNS Holding (Cyprus) Limited announced it acquired 134,422 ordinary shares of OCI Global N.V. on July 9, 2026. The purchases occurred as part of NNS's ongoing public takeover offer for OCI.

9 July 2026
NNS Buys OCI Shares on July 9

NNS Holding (Cyprus) Limited, referred to as NNS, confirmed on July 9, 2026, that it acquired 134,422 ordinary shares of OCI Global N.V. These transactions took place on the open market without disrupting OCI's share trading and did not exceed the offer price of 4.10 euros.

The average purchase price for these shares was 4.0812 euros, with the highest price paid being 4.086 euros. Following the settlement of these transactions, NNS's total holding in OCI increased to approximately 54.75 percent, representing 115,726,328 shares. NNS initially announced its public offer for OCI shares on June 24, 2026.

NNS, part of the NNS group founded by Nassef Sawiris in 2008, is a significant shareholder in OCI. The Cyprus-based holding company manages investments across listed and unlisted equities, debt, and real estate, often in partnership with external investors.

The company stated that it and its affiliates may continue to acquire OCI shares outside of the takeover offer, subject to applicable laws and regulations. Any such future purchases or agreements will be disclosed via press release and made available on NNS's website.

Original source: prnewswire.com