The Limassol-based investment firm, founded by Nassef Sawiris, confirmed the transactions in accordance with Dutch takeover regulations. These latest purchases represent approximately 0.23% of OCI’s total shares. NNS stated its willingness to provide liquidity for shareholders looking to exit, provided the transaction price does not exceed the voluntary public offer cap of EUR 4.10 per share.
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NNS Holding crosses majority threshold in OCI Global acquisition
NNS Holding has secured a majority stake in OCI Global following the purchase of 487,359 shares on July 2, 2026. The acquisition, executed at an average price of EUR 4.0441 per share, brings the firm's total ownership to 50.13% of the company's issued share capital.
Following these trades, NNS now holds 105,952,630 shares in OCI. While the firm maintains its position as the company's largest shareholder, it noted that it may continue to purchase additional shares outside the formal offer process, subject to regulatory disclosure requirements in the Netherlands. The current public offer remains subject to approval by the Dutch Authority for the Financial Markets.
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