Bank of Cyprus: At a price of 4,78 euros the return to Athens Exchange

Today begins (23.9.2024) the renegotiation of its main shares in the Athens Stock Exchange market, Bank of Cyprus, with a starting price at 4.78 euros. As stated in the bank’s announcement, “Bank of Cyprus Holdings Public Limited Company is pleased to announce that following the successful introduction of the Company’s usual shares (with an international ISIN code identification number: IE00BD5B1Y92) in the Main Market of the Adjustable Market of the Athens Stock Exchange (the ‘HA’) (the ‘Introduction’) on 17 September 2024, the negotiation of ordinary Shares will begin today, on 23 September 2024, from 10:15 a.m. (Greek time) with the symbol ‘BOCHGR’. The starting price of ordinary shares in the ASE is the same as the closing price of ordinary shares on the main market of the organised market of the Cyprus Stock Exchange (‘CSE’) on 20 September 2024, and amounts to 4,78 euros. The Company also confirms that the deletion of ordinary shares from the secondary introduction of international commercial companies on the Official Register of London Stock Exchange Group plc (the ‘LSE’) and the subsequent cancellation of the LSE import took place at 8:00 a.m. (London time) on 19 September 2024, as already announced. The usual Shares will continue to negotiate on the CSE with the symbol “BOCH/TRKE”. Ireland will remain its Member State of Origin for the implementation of EU Transparency Directive Regulations (2004/109/EC) EC). Bank of America Europe DAC (‘BofA Securities’) acted as the Company’s corporatebroker in relation to the Introduction. Arthur Cox LLP acted as the legal advisor of the Society regarding Irish Law, PotamitisVekris acted as the legal advisor of the Society regarding Greek Law and Chrysafin and Polybius DEPE acted as the legal advisers of the Society regarding Cyprus Law regarding Introduction. Takis Arapoglou, Chairman of the Group commented: “The opening of the Athens Stock Exchange negotiations represents another milestone for the Complex, which is now a strong financial services organisation with high-quality balance sheet, high capital and liquidity and sustainable recurring profitability. The board believes that the introduction has the potential to enhance the liquidity of our shares and to promote the Group on a wider relevant investment basis for the benefit of shareholders and the Group. We thank our shareholders for the approval of this important step in the development of the Group and look forward in cooperation with more investors as a result of our introduction to the Athens Stock Exchange. “