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CSE: Suspension of trading of HBCS1 Capital Securities of HB from 27/10

The Cyprus Stock Exchange, following a request by Hellenic Bank Public Company Ltd and pursuant to Article 183 of the CSE Law, announces the suspension of trading of the Convertible Capital Securities 1 (CCS1) (HBCS1) from Monday, October 27, 2014 to Friday, November 7, 2014 (included) for the proper operation of the Market and the protection of the investors. Specifically, this suspension is deemed necessary as a result of the need that emerged from the approval of the Group’s results for the period ended September 30, 2014 and the subsequent activation of the Mandatory Conversion Mechanism of CCS1 to cover the capital deficit.

It is noted that during the suspension period, no off-floor transactions and Over the Counter transactions (OTC) will be conducted.
Monday, 27 October, 2014 - 09:23