Bank of Cyprus EGM approves capital increase

The Extraordinary General Meeting (EGM) of the shareholders of Bank of Cyprus Public Company Ltd held on 23 July 2010 in Nicosia, which was attended by 2.085 shareholders, either in person or by proxy, representing 211.131.118 shares, or 34,94% of the total issued share capital approved the increase of the authorised share capital of the Company from EUR750 mln to EUR1.1 bln by creating 350 mln new ordinary shares of nominal value EUR1,00 each which will rank pari passu with the existing ordinary shares of the Company.