Bank of Cyprus shareholders say yes to Athens Stock Exchange listing, London delisting

14:33 - 13 September 2024

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Financial Services Reporter

Bank of Cyprus shareholders have overwhelmingly voted in favour of the bank's listing on Athens Stock Exchange and parallel delisting from London Stock Exchange.

According to an announcement following the Bank's Extraordinary General Meeting (EGM) for the purpose on 13 September, 99.98% of the valid votes were in favour of the move.

As noted in the announcement, the EGM of Bank of Cyprus Holdings Public Limited Company was held at the Company's Head Office, on Friday, 13 September, 2024.

The EGM was attended by 36 shareholders in person or through a representative, representing 213,271,945 ordinary shares, i.e. 48.08% of the total issued share capital of the company.

Making up 99.98% of the valid votes, the votes in favour were connected to 213,228,463 of the Bank's shares. The 0.2% of the valid votes that were against the move, were connected to 37,325 of the Bank's shares.

Under listing rule 14.3.6 (2) of the Financial Conduct Authority (Financial Conduct Authority) of the UK, a copy of the decisions will be submitted by the Company to the National Storage Mechanism and will be available after 6pm (Cyprus time) on 13 September 2024.

A second vote, concerning the approval of formal changes/amendments to the group's articles of association, and which depended on the outcome of the first vote on the listing and delisting, saw 99.98% of the valid votes be in favour of the changes/amendments, connected to 213,228,702 shares. A percentage of 0.01% of the valid votes were against, concerning 30,086 shares and 7,000 votes were withheld, the announcement said.

Also read: Takis Arapoglou: The four "pluses" from the reintroduction of Bank of Cyprus to the Athens Stock Exchange

Bank of Cyprus shareholders say yes to Athens Stock Exchange listing, London delisting

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