NNS Strengthens Its Position in OCI Through Recent Share Acquisition

NNS Expands Stake in OCI

In a recent announcement, NNS Holding (Cyprus) Limited disclosed its acquisition of 628,024 shares of OCI. This transaction occurred on July 15, 2026, adding to NNS's existing substantial holdings in the company and elevating its ownership percentage to 55.24%. With OCI continuing to grow and expand, this strategic move underscores NNS's commitment to maintaining a robust portfolio in key market sectors.

Details of the Transaction

As per the public announcement dated June 24, 2026, NNS initiated the public offering for OCI shares, following legal compliance under applicable regulations. On the acquisition date, the shares were purchased at an average price of 4.0750 EUR each, with the day’s peak reaching 4.08 EUR. This acquisition marks a notable increase in NNS's influence in OCI’s capital structure, giving it control over about 55.43% of OCI’s issued share capital when including holdings associated with Nassef Sawiris, a pivotal investor in both companies.

Corporate Profile of NNS

NNS, established in 2008 by prominent businessman Nassef Sawiris, operates as a private limited company under Cypriot law and is headquartered in Limassol, Cyprus. The company’s investment strategy integrates a diversified multi-asset portfolio that spans public and private equities, debt instruments, and real estate. NNS plays a central role in managing family capital while also pursuing partnerships with external investors for joint ventures. As OCI's major shareholder, NNS is strategically positioned to leverage growth opportunities within the expansive markets OCI operates.

Future Acquisition Plans

NNS has indicated that it plans to continue acquiring OCI shares in the future, within the limits permitted by applicable law and regulations. These intended transactions are to be disclosed to shareholders through press releases, ensuring transparent communication. The potential for NNS to purchase additional shares signifies a future-focused approach aimed at maximizing long-term value for its stakeholders.

Compliance and Forward-Looking Statements

NNS emphasizes that this press release serves informational purposes only and does not constitute an offer to acquire shares or provide investment advice. It is crucial for shareholders and potential investors to remain aware of legal restrictions on share promotions in their respective jurisdictions. NNS also includes cautionary notes regarding forward-looking statements, which may encompass risks and uncertainties that could significantly impact future outcomes compared to the reported expectations. NNS does not guarantee that its projections will be realized, as external market dynamics and operational variables could heavily influence performance.

In conclusion, the acquisition of OCI shares by NNS not only solidifies its investment interests but also demonstrates its strategic intent in navigating the competitive landscape of the market. As NNS continues to integrate its operations with OCI, industry observers will be keenly watching the implications of this partnership on both entities moving forward.