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CSE: Continuation of suspension of trading of the titles of TLM, PHIL, UFI, ELMA, DOD and ARI until 29/12

The Cyprus Stock Exchange, following an approval by the Securities and Exchange Commission and further to previous announcements dated August 26 and September 4, 2014, announces the continuation of the suspension of trading of the titles of the following companies for two more months (2), until December 29, 2014, pursuant to Article 185 of the CSE Law:

• D & M Telemarketing Public Ltd
• Phil. Andreou Public Ltd
• Unifast Finance & Investments Public Company Ltd
• Elma Holdings Public Company Ltd
• Dodoni Portfolio Investments Public Company Ltd
• Jupiter Portfolio Investments Public Company Ltd

This decision was taken within the framework of the Policy Decision of the CSE Council according to which if an Issuer does not comply with the submission and publication of its Annual Report within the period of 3 months, the CSE will suspend the trading of the company’s titles for 2 months and if violation continues, then the CSE Council will seek SEC’s approval for an further 2-month extension (Article 185 of the Law).

Also, it is noted that if at this time there are no longer grounds for the suspension of trading of the titles of the above companies, the suspension will be lifted.

With regard to Renos Hadjiioannou Farm Public Company Ltd, which has submitted and published its Annual Financial Report for the year ended 31/12/2013 as well as its Six-Month Report for the period ended 30/6/2014, the CSE has released an announcement for the lifting of the suspension of trading of its titles, since there are no longer grounds for their suspension.
Friday, 24 October, 2014 - 16:05