Business
Chris Joannou Public : Transfer of the titles of Chris Joannou Public Ltd from the Surveillance Market to the Alternative Market (Regulated Market)
Chris Joannou Public : Transfer of the titles of Chris Joannou Public Ltd from the Surveillance Market to the Alternative Market (Regulated
About this update from Chris Joannou Plc
ANNOUNCEMENT Transfer of the titles of Chris Joannou Public Ltd from the Surveillance Market to the Alternative Market (Regulated Market) The Cyprus Stock Exchange announces the transfer of the titles of Chris Joannou Public Ltd from the Surveillance Market to the Alternative Market of the Stock Exchange since the reasons for the transfer of the company's titles no longer apply following the issuance and publication of its pending financial statements. This decision was reached pursuant to Paragraph 2.2.5 of RAA 379/2014 (as amended). Moreover, it is noted that the company's titles will continue to appear with the (Σ) marking on the daily price bulletins and the trading boards due to the non-observance of the special listing requirement and the ongoing obligation regarding the minimum stock exchange value. It is clarified that the Council will proceed with removing the (Σ) marking from the CSE's trading boards and daily price bulletins regarding the company's titles, when it establishes that the reasons that led to the appearance of this marking on the securities no longer apply. The company's titles will trade on the Alternative Market as of Wednesday, 18 January 2023 . Nicosia, 16 January 2023