The Bank of Cyprus (BoC) has announced an update regarding its share capital and voting rights, providing valuable information for shareholders.
- The Bank of Cyprus (BoC) has announced an update regarding its share capital and voting rights, providing valuable information for shareholders.
As per the latest statement, the bank’s total issued share capital is now 435,962,305 ordinary shares, each with a nominal value of €0.10. This figure is crucial for shareholders as it reflects their stake in the company and helps in regulatory reporting.
Each of these ordinary shares carries one vote, resulting in a total of 435,962,305 voting rights. The bank confirmed that it does not hold any treasury shares, indicating that all issued shares are actively circulating in the market.
This announcement serves as a reference point for shareholders, assisting them in meeting their disclosure obligations as stipulated by relevant regulations. The BoC stated, “The above figure may be used by shareholders as the denominator for calculations to determine whether they are required to notify their interest or a change to their interest in the company.”
The disclosure aligns with the Irish Transparency Regulations derived from Directive 2004/109/EC, as amended. Additionally, it falls under the scrutiny of the Irish Central Bank Investment Market Conduct Rules 2019, which govern the disclosure obligations for listed entities.
