The Cyprus Stock Exchange announces that, after having secured the approval of the Cyprus Securities and Exchange Commission, it will proceed with the delisting of the titles of Astarti Development Plc, pursuant to the power conferred by Article 178 (1) of the Securities and Cyprus Stock Exchange Law in view of the fact that there are no longer requirements for the proper operation of the market on the titles of this Company and its significant constant obligations are not observed, putting the interests of the investors at risk.
Specifically, Astarti Development Plc still does not comply with significant ongoing obligations, as it has not published:
• the Annual Financial Report for the year ended 31/10/2012,
• the Interim Financial Report for the period ended 30/04/2013,
• the Annual Financial Report for the year ended 31/10/2013,
• the Interim Financial Report for the period ended 30/04/2014,
• the Indicative Results for the year ended 31/10/2013 and 31/10/2014
Also, on January 2014 a receiver/administrator had been appointed in the Company.
It is noted that the delisting of the securities from the CSE will be effective from February 6, 2015.
Specifically, Astarti Development Plc still does not comply with significant ongoing obligations, as it has not published:
• the Annual Financial Report for the year ended 31/10/2012,
• the Interim Financial Report for the period ended 30/04/2013,
• the Annual Financial Report for the year ended 31/10/2013,
• the Interim Financial Report for the period ended 30/04/2014,
• the Indicative Results for the year ended 31/10/2013 and 31/10/2014
Also, on January 2014 a receiver/administrator had been appointed in the Company.
It is noted that the delisting of the securities from the CSE will be effective from February 6, 2015.
Monday, 26 January, 2015 - 13:41