BANKING: Closing of the placing and open offer of BoC completed

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The closing of the Placing and Open Offer of the Bank of Cyprus Public Company Ltd successfully took place on Thursday, according to a press release.

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% or more of the Bank’s issued share capital are Cyprus Popular Bank Public Co Ltd with 9,624%, Renova Group with 5,455%, TD Asset Management with 5,232%, and European Bank for Reconstruction and Development with 5,021%.

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