Bank of Cyprus Holdings PLC Currency change on the London Stock Exchange (6503M)
23 January 2021 - 1:15AM
UK Regulatory
TIDMBOCH
RNS Number : 6503M
Bank of Cyprus Holdings PLC
22 January 2021
Announ cement
Currency change on the London Stock Exchange
Nicosia, 22 January 2021
Bank of Cyprus Holdings Public Limited Company ("BOC Holdings"
or the "Company" and, together with its subsidiaries, the "Group")
announces that it has applied to the London Stock Exchange to
change the currency in which the Company's ordinary shares are
traded on the London Stock Exchange from Euro to Sterling, so that
the ordinary shares will not be subject to the European Union (EU)
Share Trading Obligation and consequently all investors (EU and non
EU) can continue to trade the stock on the London Stock Exchange,
following the departure of the UK from the EU. It is expected that
this change will become effective at 8:00 a.m. (UK time) / 10:00
a.m. (Cyprus time) on 25 January 2021.
The currency in which the ordinary shares of BOC Holdings are
traded on the Cyprus Stock Exchange will remain Euro. The Company's
and the Group's financial statements will continue to be presented
in Euro.
For further information, please contact Investor Relations at
investors@bankofcyprus.com .
Group Profile
The Bank of Cyprus Group is the leading banking and financial
services group in Cyprus, providing a wide range of financial
products and services which include retail and commercial banking,
finance, factoring, investment banking, brokerage, fund management,
private banking, life and general insurance. The Bank of Cyprus
Group operates through a total of 98 branches in Cyprus, of which
14 operate as cash offices. Bank of Cyprus also has representative
offices in Russia, Ukraine and China. The Bank of Cyprus Group
employs 3,577 staff worldwide. At 30 September 2020, the Group's
Total Assets amounted to EUR21.5 bn and Total Equity was EUR2.1 bn.
The Bank of Cyprus Group comprises Bank of Cyprus Holdings Public
Limited Company, its subsidiary Bank of Cyprus Public Company
Limited and its subsidiaries.
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END
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