The latest transaction, executed at an average price of EUR 4.067 per share, confirms NNS’s strategy to provide liquidity for OCI shareholders while maintaining a price ceiling of EUR 4.10. With this acquisition, the firm now holds 106,234,359 shares, solidifying its position as the primary stakeholder in the chemical producer.
In section Releases
NNS Holding crosses majority threshold in OCI Global acquisition
Nassef Sawiris’ investment vehicle, NNS Holding, has secured a majority stake in OCI Global following a fresh round of share purchases. The Limassol-based firm acquired 281,729 shares on July 7, pushing its total ownership to 50.26% as it continues its voluntary public offer for the company.
NNS indicated that it may continue to purchase shares outside of the formal offer framework, provided such actions comply with Dutch financial regulations. Any further significant acquisitions will be disclosed via public filings. The firm emphasized that these activities are conducted in the ordinary course of trading and are not intended to disrupt market stability. OCI shareholders are advised to monitor the NNS website for official updates regarding the offer memorandum and regulatory developments.
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