Cyprus Mail
News in Brief

Closing of the Placing and Open Offer of BoC completed

THE closing of the Placing and Open Offer of the Bank of Cyprus Public Company Ltd successfully took place on Thursday, according to the bank.

The Bank of Cyprus has received full payment for the Placing Shares and the Open Offer Shares and has issued 4,166,666,667 new ordinary shares with nominal value of €0.10 each at a price per share of €0.24.
As a result of this issue, the Bank’s issued share capital now comprises 8,922,377,345 ordinary shares with a nominal value of €0.10 each.
In accordance with Cyprus Law 190 (I)/2007 and the Securities and Cyprus Stock Exchange Law (articles 171 and 172), the Bank hereby declares that it has been notified that the shareholders that own 5 per cent or more of the Bank’s issued share capital are Cyprus Popular Bank Public Co Ltd with 9.624 per cent, Renova Group with 5.455 per cent, TD Asset Management with 5.232 per cent, and European Bank for Reconstruction and Development with 5.021 per cent.

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