NNS acquires additional shares in OCI
On July 31, 2026, NNS Holding (Cyprus) Limited announced the purchase of 3 million shares inOCI at an average price of €4.075 per share. This acquisition represents approximately 1.42% of OCI's issued capital and brings NNS' total ownership to around 56.91%. Combined with Mr. Nassef Sawiris, who is also considered a tender offeror under Dutch law, the group now holds about 57.10% of OCI’s shares. The transaction was conducted in accordance with applicable regulations and as part of an ongoing public offering previously announced by NNS on June 24, 2026. The company noted that it may continue to acquire additional shares outside the framework of this offer if permitted under relevant laws or regulations. Further updates will be communicated via press releases. NNS is a private investment firm based in Cyprus and part of the broader Nassef Sawiris Group. It manages family capital through a diversified multi-asset platform, including listed and unlisted equities, debt instruments, real estate, and joint ventures.
Topics: M&A shareholding changes