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CSE: Suspension of trading of HBCS1 and HBCS2 capital securities of HB on 27/2

The Cyprus Stock Exchange, following a request by Hellenic Bank Public Company Ltd and pursuant to Article 183 of the Securities and Stock Exchange Law, announces the suspension of trading of the Convertible Capital Securities 1 (CCS1) (HBCS1/ΕΤΜΑ1) and the Convertible Capital Securities 2 (HBCS2/ ΕΤΜΑ2) for Friday, February 27, 2015, in order to protect investors. Specifically, this suspension is deemed necessary in view of the decision of the Extraordinary General Meeting for consolidation of the share capital of the Bank (nominal value of ordinary shares from €0.01 to €0.50), where according to the Prospectus, the possible readjustment of the minimum conversion price of CCS1 and CCS2 must be examined.

It is noted that during the period of suspension of the CCS1 and CCS2, no off-floor transactions and Over The Counter (OTC) transactions will be carried out.
Friday, 20 February, 2015 - 14:28