BOCY: Listing of 895.6m shares - Reduction of BCOCO capital securities
INTRODUCTION FOR TRADING OF NEW SHARES WHICH HAVE RESULTED FROM THE SHARE CAPITAL INCREASE THROUGH A RIGHTS ISSUE AND THE VOLUNTARY CONVERSION OF CONVERTIBLE ENHANCED CAPITAL SECURITIES
Bank of Cyprus Public Company Ltd (“the Bank”) announces that from Thursday, 19 April 2012, 895.612.909 new ordinary shares (“New Shares”) of the Bank will commence trading on the Cyprus Stock Exchange and the Athens Exchange. The New Shares of nominal value €1,00 each, have resulted from the share capital increase through a rights issue and the voluntary conversion of Convertible Enhanced Capital Securities (“CECS”).
The New Shares will be credited to the Securities Accounts of the shareholders on the Central Depository/Registry of the Cyprus Stock Exchange and the Dematerialised Securities System (DSS) of the Athens Central Depository before the date of commencement of trading of the New Shares.
Including the New Shares which will commence trading on 19 April 2012, the total share capital of the Bank amounts to €1.795.141.547 comprising of 1.795.141.547 shares of nominal value €1 each.
In addition, from Thursday 19 April 2012, the number of CECS which are trading on the Cyprus Stock Exchange and the Athens Exchange will decrease, due to the voluntary conversion of SECS to shares, and will be as follows:
- 428.521.983 of nominal value €1,00 will be traded in Euro with code ISIN CY0141890117 and
- 39.711.653 with nominal value $1,00 will be traded in United States dollars with code ISIN CY0141900114.
The trading of the New Shares and the decrease in the number of CECS traded have been approved by the Board of the Cyprus Stock Exchange and by the Athens Exchange in its meeting held on 17 April 2012.
Bank of Cyprus Public Company Ltd (“the Bank”) announces that from Thursday, 19 April 2012, 895.612.909 new ordinary shares (“New Shares”) of the Bank will commence trading on the Cyprus Stock Exchange and the Athens Exchange. The New Shares of nominal value €1,00 each, have resulted from the share capital increase through a rights issue and the voluntary conversion of Convertible Enhanced Capital Securities (“CECS”).
The New Shares will be credited to the Securities Accounts of the shareholders on the Central Depository/Registry of the Cyprus Stock Exchange and the Dematerialised Securities System (DSS) of the Athens Central Depository before the date of commencement of trading of the New Shares.
Including the New Shares which will commence trading on 19 April 2012, the total share capital of the Bank amounts to €1.795.141.547 comprising of 1.795.141.547 shares of nominal value €1 each.
In addition, from Thursday 19 April 2012, the number of CECS which are trading on the Cyprus Stock Exchange and the Athens Exchange will decrease, due to the voluntary conversion of SECS to shares, and will be as follows:
- 428.521.983 of nominal value €1,00 will be traded in Euro with code ISIN CY0141890117 and
- 39.711.653 with nominal value $1,00 will be traded in United States dollars with code ISIN CY0141900114.
The trading of the New Shares and the decrease in the number of CECS traded have been approved by the Board of the Cyprus Stock Exchange and by the Athens Exchange in its meeting held on 17 April 2012.
