Liberty to list 20 mln rights

The CSE Council announced that it has accepted the listing of 20,078,974 nil-paid rights of the Cyprus Popular Bank Public Company Ltd, pursuant to Article 58(I) of the CSE Law.

The nil-paid rights were allocated to the ratio of 2 rights for every 3 shares of nominal value £0.10 cents. Each right exercised will be converted into a Company’s share. The exercise price has been set at £0.10 and their exercise period will start on October 26, 2006 and will expire on November 9, 2006.

The trading will commence on September 25, 2006 and will end on October 20, 2006 (both dates inclusive). The CSE will undertake the observance of the above Register in the Central Depository.

Investors who do not have a trading account and wish to proceed to transactions may submit their applications for the opening of a trading account from Friday, September 22, 2006.

Their code will be LIR and their ISIN Code CY1020060319.

It is noted that the trading of the shares that will result from the exercise of rights will commence on November 30, 2006.