OCI receives updated NNS offer terms, shares react to takeover backdrop

By Julia Schmitt, Sector & Peer Group desk. Reviewed prior to publication on 2026-06-26, 10:00.

OCI N.V. (NL0010558797) confirmed fresh documents from its proposed bidder and a key shareholder as the Amsterdam-listed fertilizer and methanol group remains the target of a voluntary public cash offer on Euronext Amsterdam. The company detailed the latest statement from NNS Holding on the offer process.

New NNS communication on offer

According to an OCI release dated June 26, 2026, the company has received and republished an updated statement from NNS Holding (Cyprus) Limited, the prospective bidder behind the announced voluntary public cash offer at €4.10 per share for all outstanding OCI shares. OCI’s statement on NNS sets out the bidder’s latest position on the planned offer.

The cash consideration of €4.10 per share, inclusive of dividends, represents a premium to a previous closing level of €3.76 reported in market commentary and underpins the current offer value proposition for investors in the Euronext-traded stock. Investing.com highlighted the 6.6 percent move to €4.00 after the offer was first flagged to the market.

Oceanwood letters add shareholder voice

In a separate June 26, 2026 release, OCI confirmed it had received letters from Oceanwood Capital Management LLP, a shareholder in the group, and published them at Oceanwood’s request and with its consent. The statement regarding Oceanwood provides further detail on the shareholder’s communicated views around the offer.

The combined disclosures from NNS and Oceanwood come after earlier confirmation that NNS intends to proceed with a voluntary public all-cash offer for OCI, a transaction that has been discussed in connection with arrangements involving Orascom Construction PLC and subject to Dutch corporate and court processes. Previous communications outlined board support for the €4.10 per share cash consideration in the context of the Orascom Construction transaction.

How OCI makes its money

OCI N.V. operates a portfolio of nitrogen-based fertilizer and methanol assets, including large-scale production facilities in Europe, North America and the Middle East that supply ammonia, urea, nitrates and methanol to agriculture, industrial and energy customers globally.

Where the OCI shares trade today

The OCI shares (NL0010558797) trade on Euronext Amsterdam, with the latest available price information for the stock quoted in euros and reflecting the current phase of the voluntary public offer process.

Disclaimer: This text is for information purposes only and does not constitute investment advice, a recommendation to buy or sell securities, or a solicitation of any transaction. All data are based on sources cited in the article and may be subject to change.