The Limassol-based investment firm, founded by Nassef Sawiris, confirmed the transactions in accordance with Dutch takeover regulations. These latest purchases represent approximately 0.23% of OCI’s total shares. NNS stated its willingness to provide liquidity for shareholders looking to exit, provided the transaction price does not exceed the voluntary public offer cap of EUR 4.10 per share.
Following these trades, NNS now holds 105,952,630 shares in OCI. While the firm maintains its position as the company's largest shareholder, it noted that it may continue to purchase additional shares outside the formal offer process, subject to regulatory disclosure requirements in the Netherlands. The current public offer remains subject to approval by the Dutch Authority for the Financial Markets.
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