Current Stand on NNS's Voluntary Public Offer for OCI Shares in 2026

NNS Holding's Latest Developments on OCI Public Offer

NNS Holding (Cyprus) Limited has recently taken significant steps towards acquiring OCI Global N.V. by announcing its voluntary public offer for all outstanding shares of OCI. This initiative, filed under the Dutch public takeover provisions, is a strategic move for NNS as it looks to enhance its investment portfolio in the European market.

Key Details of the Offer

On June 29, 2026, NNS revealed its intention to propose a cash offer for OCI shares at €4.10 per share, inclusive of dividends. This offer reflects NNS’s commitment to engaging with shareholders and enhancing the value of their investments.

The company has ensured that it possesses adequate funds to facilitate this offer from its existing cash reserves, which will also cover the associated fees and expenses. This financial robustness highlights NNS’s strategic planning and investment capacity, paving the way for a smooth acquisition process.

Offer Conditions

NNS has publicly outlined the usual conditions that affect the unconditional declaration of this offer. These conditions include:
1. Receiving all necessary regulatory approvals related to competition law.
2. Absence of any notices from the AFM that would prevent securities firms from assisting with the acquisition.
3. No government orders that would impede the closure of the offer.
4. No suspension or cessation of trading rights in OCI shares at Euronext Amsterdam.

Interestingly, there is no minimum acceptance threshold for this offer. NNS has committed to accept all shares that are effectively offered, as long as the stipulated conditions are met. This approach underlines NNS's confidence in the viability of the acquisition.

Non-Offer Statements

In an interesting twist, NNS has secured irrevocable non-offer commitments from certain shareholders within the Sawiris family, who collectively hold 19,167,618 shares, equivalent to approximately 9.07% of OCI's issued share capital. These commitments are significant as they confirm these shareholders' intent to not offer their shares during this acquisition process, thereby securing a portion of OCI’s ownership structure.

About NNS Holding (Cyprus) Limited

Founded by Nassef Sawiris in 2008, NNS is a private family-owned investment firm based in Limassol, Cyprus. The firm not only manages but also invests the family wealth through a diversified multi-asset platform encompassing listed and unlisted equities, bonds, and real estate. Notably, NNS is the largest stakeholder in OCI, and this acquisition pushes forward its overarching strategy of diversification and growth.

The extensive strategy employed by NNS indicates its strong positioning in the market and commitment to maximizing shareholder value. The firm continuously seeks partnerships and joint ventures that align with its investment philosophy.

As NNS advances with its public offer, stakeholders are encouraged to stay tuned for updates regarding the completion of this acquisition, which is expected to contribute positively to both NNS and OCI's future prospects.

For more information, official updates, and details regarding this public offer, visit the NNS official website at NNSholding.com.