Announcement
Bank of Cyprus Holdings Public
Limited Company - Total voting rights and Capital and Progress on
Share Buyback Programme
Nicosia, 2 September 2024
Bank of Cyprus Holdings Public
Limited Company (the 'Company') announces
that, as of 31 August 2024, the total issued share capital of the
Company was 443,894,907 ordinary shares of nominal value €0.10
each, with each ordinary share carrying one vote.
The above figure 443,894,907 may be
used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under
the Irish Transparency (Directive 2004/109/EC) Regulations 2007 (as
amended), the Irish Central Bank (Investment
Market Conduct) Rules 2019 and the UK Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.
In line with the purpose of the
buyback programme, announced on 19 April
2024 (the 'Programme'), to reduce the share
capital of the Company, the total number of shares repurchased
under this programme as at 31 August 2024 is 2,425,620 ordinary
shares (of which 2,305,026 ordinary shares have been cancelled as
at 31 August 2024) at a weighted average price of €4.22 for a total
consideration of €10,231,335. As at 31 August 2024 approximately
41% of the maximum total value of the share buyback programme has
been completed.
For further information, please
contact Investor Relations at investors@bankofcyprus.com.
Group Profile
The Bank of Cyprus Group is the leading banking and financial
services group in Cyprus, providing a wide range of financial
products and services which include retail and commercial banking,
finance, factoring, investment banking, brokerage, fund management,
private banking, life and general insurance. At 31 March 2024, the
Bank of Cyprus Group operated through a total of 58 branches in
Cyprus, of which 3 operated as cash offices. The Bank of Cyprus
Group employed 2,847 staff worldwide. At 31 March 2024, the Group's
Total Assets amounted to €24.9 bn and Total Equity was €2.6 bn. The
Bank of Cyprus Group comprises Bank of Cyprus Holdings Public
Limited Company, its subsidiary Bank of Cyprus Public Company
Limited and its subsidiaries.
