NNS Expands Ownership in OCI with Recent Share Acquisition

In a significant development within the investment landscape, NNS Holding (Cyprus) Limited has announced the acquisition of shares in OCI, a leading company in the agribusiness sector. This announcement, made public on July 15, 2026, marks a critical step for NNS in increasing its stake in OCI, aiming to solidify its position as a major player in the market.

On June 24, 2026, NNS first made headlines with its public announcement of an offer that initiated this strategic move. As per the details shared in their recent press release, NNS successfully acquired a substantial number of shares. Specifically, the company purchased 628,024 shares at an average price of EUR 4.0750 each, with the highest price paid being EUR 4.08 per share. This transaction represents approximately 0.30% of OCI's total issued share capital.

As a result of this acquisition, NNS now holds a total of 116,757,994 shares, which accounts for approximately 55.24% of OCI's issued share capital. This positions NNS, along with Mr. Nassef Sawiris, who is also regarded as a bidder under Dutch bidding laws, as holding a combined total of 117,147,724 shares—approximately 55.43% of OCI's capital.

NNS is not new to the investment scene, having been founded in 2008 by Nassef Sawiris. This privately owned company, based in Limassol, Cyprus, operates with a diverse multi-asset investment strategy that includes public and private equities, credit, and real estate management. With NNS now being OCI's largest shareholder, this recent purchase underscores a determined approach to enhancing its investment portfolio in high-potential sectors.

Future Outlook and Potential Risks

The announcement also touches upon future plans for NNS and its affiliates. The organization may continue to engage in further purchases or arrange acquisitions of shares that are part of the current offer, as permitted under applicable laws. Transparency is key—NNS has committed to disclosing any similar transactions through appropriate press releases available on their official website, ensuring that shareholders stay informed.

Despite the positive momentum, potential investors should remain cautious. NNS has issued a reminder regarding the inherent risks associated with forward-looking statements, including uncertainties related to regulatory approvals and the overall financial performance post-transaction. Investors are encouraged to assess these risks thoroughly and consult professional advisors as needed.

Conclusion

NNS's recent share acquisition in OCI is a testament to its continued growth strategy and ambition within the investment domain. As the company further consolidates its position in OCI, the implications for both entities and investors are significant. The upcoming period will be crucial for monitoring how these acquisitions translate into tangible growth and strategic advantages for NNS and OCI alike.

For further updates on NNS’s activities and press releases, stakeholders are directed to visit NNS Holding's official website.