REG - Bank of Cyprus Hldgs - Resolutions of the Shareholders EGM

Bank of Cyprus HoldingsAnnouncement

13/09/2024 12:00

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RNS Number : 1677E  Bank of Cyprus Holdings PLC  13 September 2024

Announcement

 

Resolutions of the Shareholders Extraordinary General Meeting (EGM)

 

Nicosia, 13 September 2024

 

 

The Extraordinary General Meeting ("EGM") of Bank of Cyprus Holdings Public
Limited Company (the "Company") was held at the Company's headquarters on
Friday, 13 September 2024. The EGM was attended by 36 shareholders and holders
of depository interests ("Shareholders"), either in person or by proxy, who
represented 213.271.945 ordinary shares of the Company (the "Ordinary
Shares"), that is 48.08% of the total issued share capital of the Company.

 

Results of EGM and Listing and Delisting update

 

At the EGM, the Company's shareholders voted to approve the admission to
listing for trading of the Ordinary Shares in issue, from time to time, on the
Main Market of the Regulated Securities Market of the Athens Stock Exchange
("ATHEX"), in accordance with Greek law no. 3371/2005 (the "Listing").
Implementation of the Listing remains subject to approval from the Listings
and Market Operation Committee of ATHEX (the "ATHEX Listing Committee"), which
is expected to be determined on 17 September 2024.

 

Subject to approval of the ATHEX Listing Committee, the Company intends to
apply for the delisting of the Ordinary Shares from the international
commercial companies secondary listing category of the Official List of the
London Stock Exchange Group plc (the "LSE"), with effect from 8:00 a.m.
(London time) on 19 September 2024, with the last day of trading of Ordinary
Shares on the LSE expected to be 18 September 2024, and trading to be
suspended at 4:30 p.m. (London time) (the "Delisting"). As a result of the
Delisting, the Company intends to terminate the share buyback programme being
carried out on the LSE with effect from close of trading on 18 September 2024.
The share buyback programme being carried out on the Cyprus Stock Exchange
will continue as normal and will not be affected.

 

Shareholders' attention is drawn to the "Expected timetable of principal
events" set out in the circular published on 19 August 2024 in connection with
the EGM for further information in relation to the key dates and times to be
aware of in connection with the Listing and the Delisting.

 

At the EGM, Shareholders also approved the adoption of amended articles of
association of the Company with effect from conclusion of the EGM.

 

The text of the resolutions proposed at the EGM are set out in the Notice of
EGM issued on 19 August 2024.

 

Pursuant to UK Financial Conduct Authority listing rule 14.3.6(2), a copy of
the resolutions will be submitted by the Company to the National Storage
Mechanism and will be available after 6:00 p.m. (Cyprus time) on 13 September
2024.

 

A table setting out the voting results for each of the resolutions is included
in the Appendix attached. It is noted that a vote withheld is not a vote in
law and is not counted in the calculation of the proportion of the votes for
and against the resolution.

 

 

Appendix

 

List of resolutions approved by the EGM (numbering as per Notice of EGM

issued on 19 August 2024)

 Resolution Number  Votes For                                        Votes Against                                  Votes Withheld  Approved Yes/No
                     Number of Shares   % of total valid votes cast  Number of Shares  % of total valid votes cast
 1                  213.228.463         99,98%                       37.325            0,02%                        0               Yes
 2                  213.228.702         99,98%                       30.086            0,01%                        7.000           Yes

 

 

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 30
June 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
2,860 staff worldwide. At 30 June 2024, the Group's Total Assets amounted to
€25.5 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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