During yesterday’s regular meeting the CSE Council decided, inter alia, the following:
A. Policy issues
The Council reviewed some issues stemming from Legislation 149(Ι)/2002 about the conditions for performing issues of securities, and especially those issues mainly concerning the responsibilities and rights of underwriters for securing new issues and distributing shares through the private placement method. Regarding this issue, a special circular will be sent to the Members.
Β. Frindlays Investments Ltd
The apology of company Frindlays Investments Ltd which was scheduled for yesterday’s CSE meeting and was within the framework of delisting company titles from the CSE, has been postponed following a related company request for the next regular Council meeting on Thursday, September 12, 2002.
C. Rejection of company applications for listing their titles on the CSE
The applications of companies TCI Unit Systems Ltd, Tsigarides Ltd and Messios Trading Ltd for listing their titles on the CSE have been reviewed and rejected by the CSE Council.
D. Payment of tribute for the events of September 11, 2001
Following the anniversary of one year from the tragic events of September 11 in New York which have shocked the entire humanity, it has been decided that, as a small gesture to honor the victims of this terrorist action, to respect a two-minute silence before the commencement of the stock exchange meeting on September 11, 2002, and specifically, at 10:28 am. This decision was taken in agreement with all European Stock Exchanges, following a related suggestion by the Federation of European Stock Exchanges (FESE), of which CSE is a connected member.
A. Policy issues
The Council reviewed some issues stemming from Legislation 149(Ι)/2002 about the conditions for performing issues of securities, and especially those issues mainly concerning the responsibilities and rights of underwriters for securing new issues and distributing shares through the private placement method. Regarding this issue, a special circular will be sent to the Members.
Β. Frindlays Investments Ltd
The apology of company Frindlays Investments Ltd which was scheduled for yesterday’s CSE meeting and was within the framework of delisting company titles from the CSE, has been postponed following a related company request for the next regular Council meeting on Thursday, September 12, 2002.
C. Rejection of company applications for listing their titles on the CSE
The applications of companies TCI Unit Systems Ltd, Tsigarides Ltd and Messios Trading Ltd for listing their titles on the CSE have been reviewed and rejected by the CSE Council.
D. Payment of tribute for the events of September 11, 2001
Following the anniversary of one year from the tragic events of September 11 in New York which have shocked the entire humanity, it has been decided that, as a small gesture to honor the victims of this terrorist action, to respect a two-minute silence before the commencement of the stock exchange meeting on September 11, 2002, and specifically, at 10:28 am. This decision was taken in agreement with all European Stock Exchanges, following a related suggestion by the Federation of European Stock Exchanges (FESE), of which CSE is a connected member.
Friday, 6 September, 2002 - 16:34