The Bank of Cyprus (BoC) on Monday announced that investment firm Wellington Management Group LLP has crossed the 5 per cent threshold in voting rights, according to a TR-1 notification of major holdings.

The notification, submitted to the issuer and the Central Bank of Ireland, showed that Wellington Management Group LLP, through its controlled undertakings, increased its stake in Bank of Cyprus to 5.87 per cent of the voting rights as of September 4, 2025.

The disclosure indicated that Wellington previously held 3.99 per cent of the voting rights.

The new position represents 25,581,995 shares, corresponding to 5.87 per cent of the bank’s total 435,686,031 voting rights.

The notification listed several custodians and nominee companies as shareholders connected to Wellington’s holdings, including Brown Brothers Harriman, Chase Nominees Ltd., Citibank NA, Goldman Sachs Securities (Nominees) Ltd., ROY Nominees Limited, and State Street Nominees Ltd.

The filing confirmed that Wellington holds its position entirely through shares and not through financial instruments.

Moreover, no derivatives or instruments with similar economic effects were disclosed.

The company stated that the threshold was crossed on September 4, 2025, and the issuer was formally notified on September 5, 2025.

According to the document, Wellington Management Group LLP, Wellington Group Holdings LLP, and Wellington Investment Advisors Holdings LLP each directly or indirectly hold a 5.87 per cent stake in the Bank of Cyprus. Wellington Management Company LLP alone holds 5.11 per cent.

The notification was completed in London on September 5, 2025.

About the Bank of Cyprus

The Bank of Cyprus is the country’s largest financial institution and a cornerstone of the Cypriot economy. Established in 1899 and headquartered in Nicosia, it has grown from a local lender into a banking group with international recognition. It plays a central role in the Cypriot economy and is widely regarded as a systemically important institution in the region. Today it provides a wide range of services, from retail and business banking and finance to investment and insurance solutions. The bank is closely followed not only in Cyprus but also by investors in the United Kingdom and the United States. Its shares trade on the London Stock Exchange, offering global market access to those interested in Cyprus’s financial sector. Recent moves, such as the increased stake by Wellington Management, underline how international investors view the Bank of Cyprus as a gateway to the island’s economy and a link between Europe, the Middle East, and global capital markets.

In recent years, the Bank of Cyprus has continued to strengthen its balance sheet, focus on digital transformation, and support local businesses and households. While its history includes periods of challenge, particularly during the 2013 financial crisis, the bank has since restructured and reinforced its reputation as a resilient institution. For many in Cyprus, the UK and the US, it remains a trusted name in banking and a central player in shaping the island’s economic future