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CSE: Suspension of trading of Karkotis and Pipis

The Cyprus Stock Exchange, further to its previous announcement dated March 17, 2014, in relation to the obligation of the listed issuers to submit their indicative results for the year ended December 31, 2014, announces that KARKOTIS MANUFACTURING & TRADING PUBLIC LTD and PIPIS BROS FARM PUBLIC COMPANY LTD have not submitted their indicative results for 2013 yet.

The CSE, based on Article 183 of the CSE Law for the protection of investors and within the framework of the Policy Decision of the CSE Council (Circular No. 15-2012 dated 9/11/2012 on the “Suspension and delisting of securities in the CSE Markets), according to which if the Issuer does not comply within 3 months for the submission of its financial statements, the CSE will proceed with the suspension of trading of its titles, announces the suspension of trading of the titles of the above companies from Thursday, June 19, 2014.
Tuesday, 17 June, 2014 - 15:46