NNS Holdings Expands Influence with Latest Acquisition of OCI Shares

NNS Holdings Strengthens Its Position by Acquiring OCI Shares

On July 20, 2026, NNS Holding (Cyprus) Limited, commonly known as NNS, announced the acquisition of a considerable number of ordinary shares in OCI Global N.V., commonly referred to as OCI. This transaction signifies a strategic effort by NNS to bolster its presence within the industry, as detailed in a recent press release.

Acquisition Details

The public announcement of this acquisition follows the previously issued press release on June 24, 2026, when NNS disclosed its intentions regarding a voluntary public offer for all issued and outstanding shares of OCI. On the transaction date of July 20, NNS successfully purchased a total of 109,295 shares, with an average purchase price of approximately EUR 4.078 per share. Notably, this acquisition represents about 0.05% of OCI's issued share capital, bringing NNS's total holdings in the company to 117,288,019 shares, constituting roughly 55.49% of OCI's total capital.

Collaboration with Nassef Sawiris

Alongside Mr. Nassef Sawiris, the founder of NNS Group, NNS will collectively hold a substantial share total of 117,677,749, equating to approximately 55.68% of OCI's whole issued share capital. This collaboration further strengthens the position of both entities in a competitive landscape.

As per the announcement, NNS may continue to purchase additional shares in OCI, thereby indicating a sustained commitment to expanding their investment. These transactions, while not part of the formal offer process, showcase NNS's ongoing interest in both organic growth and potential synergies with OCI.

About NNS Holding

Founded in 2008 by notable businessman Nassef Sawiris, NNS is a privately-owned investment group based in Limassol, Cyprus. The firm primarily manages and invests the family's capital across various sectors including real estate, public and private equities, and credit markets. Given its diversified investment strategy, NNS has emerged as OCI's largest shareholder, reinforcing its influential standing within the market.

Forward-Looking Statements

The press release also included cautionary statements regarding future developments, indicating that certain factors could affect the realization of the anticipated outcomes from this acquisition. NNS acknowledged potential risks including regulatory approvals, unforeseen expenses related to the transaction, and possible litigation that may arise as a result of the offer. NNS remains committed to keeping its shareholders informed about any further developments related to the Offer, as well as any additional purchasing activities.

Furthermore, while this press release serves as an announcement of the purchases made, it should not be construed as an invitation or an offer to acquire securities of OCI. Interested parties should be mindful of the laws governing the distribution and publication of such announcements in various jurisdictions, as certain legal restrictions may apply.

In conclusion, NNS's acquisition of shares in OCI not only signifies a crucial step towards expanding their portfolio but also enhances their influence within the competitive landscape. As the business landscape continues to evolve, stakeholders will be keenly watching the developments and strategies implemented by NNS in relation to OCI.