NNS Acquires Additional Shares in OCI, Increasing Ownership to Approximately 57%
On August 19, 2026, NNS Holding (Cyprus) Limited announced the purchase of 320,708 shares in OCI at an average price of EUR 4.0674 per share. This acquisition increased its ownership stake to approximately 57.32% of the issued share capital of OCI. Following this transaction and including Mr. Nassef Sawiris' holdings (who is also a bidder under Dutch bidding rules), NNS now holds around 57.50% of OCI's shares, totaling 121,535,708 shares. The press release noted that further purchases may occur in the future if permissible by law. NNS Holding (Cyprus) Limited is part of a private investment group founded by Nassef Sawiris and manages family capital through various asset classes including equities, credit, and real estate.
