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The Bank of Cyprus announced that it is proceeding with the listing on the Cyprus Stock Exchange (CSE) and the Athens Exchange (ATHEX) of its unlisted ordinary shares having submitted a draft prospectus with the Cyprus Securities and Exchange Commission (CySEC) with respect to the listing of its unlisted ordinary shares on the CSE and ATHEX and the Retail Offer. “The prospectus is expected to be issued within the next couple of weeks and the listing is expected to occur in December,” the bank said in its announcement.
The bank said that shareholders are required to have an active Investor Share Code and Securities Account with the CSE or the Dematerialised Securities System (DSS) of the Hellenic Exchanges in order for ordinary shares to be credited to their account so that they will be able to trade these shares as soon as they are admitted to trading.
The bank said that it “has on several occasions contacted its shareholders that hold ordinary shares as a result of the bail-in, by post; the latest letter to these shareholders requested that the relevant information related to their Investor Share Code and Securities Account on the CSE or the DSS be provided by November 24.”
Those who do not have an Investor Share Code and Securities Account with the CSE or the DSS should apply directly to an operator (brokerage firm or custodian) in Cyprus or Greece in order to proceed with the opening of these accounts and provide the relevant details to the Shares & Loan Stock Department of the bank (via fax no +357 22336258/+357 22336261 or via email at firstname.lastname@example.org ).