Currency change on the London Stock Exchange
Nicosia, 22 January 2021
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 €21.5 bn and Total Equity was €2.1 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.
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 email@example.com.
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Bank of Cyprus Holdings plc published this content on 22 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 January 2021 14:25:06 UTC