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NNS Increases Stake in OCI Following Market Purchase

NNS Holding has acquired an additional 628,024 shares of OCI, a move that nudges the investment firm’s total stake in the company to 55.24 percent. The transaction, executed on July 15 at an average price of 4.0750 EUR per share, underscores the ongoing consolidation of control by the Cyprus-based entity.

NNS Increases Stake in OCI Following Market Purchase

The latest acquisition involves 628,024 shares, with a peak price of 4.08 EUR per share recorded during the session. This purchase brings NNS’s direct holdings to 116,757,994 shares. When combined with the position held by Nassef Sawiris—who is categorized as a bidder under Dutch regulations—the aggregate interest climbs to 117,147,724 shares, or 55.43 percent of OCI’s total issued share capital.

NNS, the primary investment vehicle for the Sawiris family, has signaled that it may continue to purchase OCI shares outside the formal offer, provided such actions comply with applicable legal frameworks. While the firm maintains a diversified portfolio across real estate, private equity, and credit, its current activity remains focused on cementing its position as OCI’s largest shareholder.

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