ANNOUNCEMENT

Announcement of the Cyprus Stock Exchange regarding C.C.C. Tourist Enterprises

Public Company Ltd (Regulated Market)

The Council of the Cyprus Stock Exchange has requested, pursuant to the provisions of its Law, the approval of the Securities and Exchange Commission to delist the titles of C.C.C. Tourist Enterprises Public Company Ltd from the Regulated Market of the Stock Exchange. The Council reached this decision by virtue of the power conferred on it by Article 178(1) of the Securities and Cyprus Stock Exchange Law, as the conditions for the smooth operation of the stock exchange market in relation to the Company's titles are no longer satisfied and important ongoing obligations are not complied with. As a result, investor interests are put at risk.

More specifically, it is noted that the decision of the Stock Exchange Council to delist the company's titles was taken on the ground that following the decision of its Extraordinary General Meeting for voluntary liquidation, the company does not comply with the general listing requirement and the ongoing obligation of Paragraph 3.1.1(i) of RAA 379/2014 (as amended).

The company's titles will remain suspended until a relevant reply is obtained from the Securities and Exchange Commission.

Nicosia, 25 July 2022

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C.C.C. Tourist Enterprises Public Company Ltd. published this content on 25 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2022 05:28:04 UTC.