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CSE: Continuation of suspension of trading of ACD, CYP, APC, ACS, CAIR, CFL, CHAP, CONF, EMP, LAS, OPT, ORF, SAFS and STAR

The Cyprus Stock Exchange, following an approval secured by the Cyprus Securities and Exchange Commission and further to its previous announcements dated August 9 and 26, 2013, announces the continuation of the suspension of trading of the titles of the following companies for two more months, that is, until December 11, 2013, pursuant to Article 185 of the CSE Law:

• K. Athienitis Contractors Developers Public Ltd,
• Cyprint Plc,
• A. Panayides Contracting Public Ltd,
• Firstdelos Group Plc,
• Cyprus Airways Public Ltd,
• Ceilfloor Public Company Ltd,
• Charilaos Apostolides Public Ltd,
• Finikas Ammochostou Plc,
• Empire Capital Investments Public Ltd,
• Laser Investment Group Plc,
• O.C. Options Choice Plc,
• Orphanides Public Company Ltd,
• SAFS Holdings Public Ltd
• Stario Portfolio Investments Public Company Ltd

This decision was taken in the context of the Policy Decision of the Council according to which if the Issuer does not comply within three months from the submission and publication of its Annual Report, the CSE will proceed with the suspension of trading of its titles for 2 months and if the infringement is continued by the listed company, the CSE Council will apply to the SEC for the approval of a further 2-month extension (Article 185 of the Law).

Also, it is noted that if during the period there are no longer reasons for the suspension of trading of the titles of the aforementioned companies, the suspension will be lifted.
Thursday, 10 October, 2013 - 10:54