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The Cyprus Securities and Exchange Commission has warned the public that certain individuals are contacting investors while pretending that they are representing the commission.

Under this false premise, these individuals attempt to defraud investors by telling them that they have incurred losses through investments in CySec regulated entities.

“CySec considers it appropriate to remind the public that it never communicates with investors or the general public by requesting personal, financial or other information,” the commission has announced.

“CySec has neither the power nor the authority to receive remuneration for any purpose from private investors, nor does it authorize anyone to do so in its place,” the statement added.

CySec also urged the public to be very careful about any communication they receive claiming to be from the commission and to refrain from transferring money or giving any personal information to any person claiming to represent them.

The Limassol Municipality has issued a reminder to all restaurant, bar and cafeteria owners that non-permanent residents of Cyprus can enter hospitality venues without a Safe Pass.

Tourists can enter hospitality venues if they have proof of a negative test, their vaccination card from their host country, proof that they have recovered from Covid-19 or their EU Digital Covid Certificate.

The reminder was issued after reports emerged that tourists arrived to Limassol on cruise liners and were subsequently denied entry at local restaurants.

Logicom acquired 4,505,554 shares in Hellenic Bank on Friday, July 23.

3,627,051 of those shares were bought at the price of €0.8500, while the remaining 878,503 shares were bought for €0.800 per share.

The share purchase by Logicom coincided with the previously announced selling of Third Point’s shares in the bank which resulted in the fund decreasing its ownership of Hellenic Bank to 2.71 per cent.

Logicom has previously acquired Hellenic Bank shares earlier in July, as well as in January and December of 2020.

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