NNS Holding Increases OCI Global Stake to 55%

The Cyprus-based investment vehicle, founded by Nassef Sawiris, confirmed the acquisition at an average price of EUR 4.0790 per share. These transactions were conducted in accordance with the Netherlands Decree on Public Takeover Bids, which requires public disclosure of share dealings during an active offer period. NNS stated that it aims to provide liquidity to shareholders wishing to exit their positions, while maintaining a price ceiling of EUR 4.10 per share.

Following these latest transactions, NNS now controls 116,129,970 shares. When combined with the holdings of Nassef Sawiris, the total stake in the Dutch chemical producer rises to 116,519,700 shares, or approximately 55.13% of the issued capital. The firm noted that it may continue to purchase additional shares outside of the formal offer, provided such activities comply with relevant regulatory frameworks. All future disclosures regarding these share movements will be published on the NNS corporate website.