NNS Holding:
HAS SUBMITTED A DRAFT OFFER MEMORANDUM TO AFM IN CONNECTION WITH ITS INTENTION TO LAUNCH A VOLUNTARY ALL-CASH PUBLIC OFFER FOR OCI
HAS SUFFICIENT FUNDS READILY AVAILABLE TO FINANCE OFFER THROUGH AVAILABLE CASH RESOURCES
HAS ENTERED INTO IRREVOCABLE NON-TENDER UNDERTAKINGS WITH CERTAIN MEMBERS OF SAWIRIS FAMILY WHO HOLD SHARES IN OCI
COMMITTED TO PROCEEDING WITH OFFER AT EARLIEST POSSIBLE DATE
OFFER IS NOT SUBJECT TO A MINIMUM ACCEPTANCE THRESHOLD
OFFER PRICE REMAINS €4.10