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2 Sep 2024 07:27
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.
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