NNS Holding Increases OCI Stake to 54.75 Percent

The purchase follows a voluntary public offer initiated by the Cyprus-based firm, which serves as the largest shareholder of OCI. NNS stated that the transactions are intended to provide liquidity for shareholders looking to exit their positions, while maintaining market stability. The firm emphasized that all purchases were conducted below the 4.10 euro offer price, with the highest single-share price reaching 4.086 euros during the session.

While NNS continues to consolidate its position, the company noted that it might pursue further share acquisitions outside the formal offer framework if permitted by law. Any such future activity will be disclosed in compliance with Dutch market regulations. The firm, founded by Nassef Sawiris, remains committed to its multi-asset investment strategy, though it cautioned that all forward-looking statements regarding the takeover process remain subject to regulatory approvals and market uncertainties.