NNS Increases Stake in OCI with Strategic Share Acquisition

On July 31, 2026, NNS Holdings publicly disclosed its acquisition of additional shares in OCI, solidifying its position as the largest stakeholder in the company. This strategic move reflects NNS's commitment to expanding its influence in OCI, which is a key player in its diversified investment portfolio.

Transaction Details

According to the announcement, NNS acquired 3,000,000 shares at an average purchase price of EUR 4.075 per share. This transaction, representing around 1.42% of OCI's total share capital, brings NNS's total holdings in OCI to a staggering 120,288,019 shares, which accounts for approximately 56.91% of the issued share capital.

In conjunction with Mr. Nassef Sawiris, who is also acknowledged as a bidder in accordance with Dutch bidding laws, NNS's collective shares rise to 120,677,749, representing 57.10% ownership of OCI. This venture illustrates the company's confidence in OCI's future performance and potential for growth.

Future Implications

NNS may pursue further acquisitions of OCI shares in the future, beyond the current offer. The company and its affiliates have indicated a willingness to continue trading in OCI’s securities, contingent on legal permissions. Such moves are seen as a proactive approach to maintaining a robust investment strategy while enhancing shareholder value.

About NNS Holding

NNS Holding (Cyprus) Limited was established in 2008 by Nassef Sawiris and operates as a private limited company under Cypriot law. The firm is based in Limassol, Cyprus, and focuses on managing and investing wealth through a multifaceted platform that spans diverse asset classes, including public and private equities, credit, and real estate.

Moreover, NNS is renowned for its partnerships in various joint ventures with external investors, further increasing its capital deployment capabilities. As OCI's leading shareholder, NNS emerges as a formidable force in the industry, poised for strategic growth.

Regulatory Considerations and Forward-looking Statements

As per the regulatory stance, NNS advises that this Press Release does not constitute an official offer to buy or sell shares and is disseminated strictly for informational purposes. The information shared in this communication could be subject to restrictions based on legal regulations applicable in various jurisdictions. Hence, stakeholders are urged to familiarize themselves with such legalities.

Additionally, the company included a clause concerning forward-looking statements, warning stakeholders of potential risks and uncertainties associated with investment decisions, including market volatility and regulatory challenges. NNS remains committed to transparency and will provide updates on their strategic ventures as required by law.

This acquisition is indicative of NNS's strategic positioning within the market, as they simultaneously bolster their holdings in OCI while reinforcing their commitment to their investment philosophy. As the market evolves, NNS continues to be involved in activities that may enhance its operational results and shareholder equity, demonstrating prudent financial management and a forward-thinking approach to capital investment.