The CSE announced the parallel listing of the shares of Eurobank S.A. on the Main Market of the Cyprus Stock Exchange (Regulated Market), with trading of the shares commencing tomorrow, Friday, 19 December.
More specifically, the Stock Exchange announced the parallel listing of 3,631,510,801 ordinary shares of Eurobank S.A. with a nominal value of €0.22, on the Main Market of the CSE, in accordance with Article 58(1) of the "Securities and Cyprus Stock Exchange Laws of the CSE".
It is noted that the shares of Eurobank S.A. are already listed on the Main Market of the Athens Stock Exchange.
Eurobank S.A., which was established in Greece on March 20, 2020, is one of the four systemic banks in Greece operating in key markets for banking products and services.
The Group has an international presence in four countries outside Greece, with activities in Bulgaria, Cyprus, Luxembourg and the United Kingdom.
Trading of the above ordinary shares on the CSE will commence on Friday, 19 December, 2025 and will be conducted in Euros (€).
It is noted that the initial trading price of the ordinary shares on the CSE will be equal to the closing price of the ordinary shares of Eurobank S.A. on the Main Market of the Athens Stock Exchange on 18 December, 2025.
Additionally, for trading purposes of Eurobank S.A., the Volatility Interrupter will be applied and the limits will be set at +/-30% as they apply to shares where the Volatility Interrupter is applied.
Also, based on Paragraph 2.3.A.4 of the CSE Trading Rules, a) a static limit of 10% and b) a dynamic limit of 3% will apply.
The MLA in euros for the Eurobank S.A. share falls into the category that is greater than or equal to €5,000,000 but less than €25,000,000, since the MLA announced by ESMA is 13,469,629.96 which corresponds to a minimum pre-agreed transaction size of €300,000.
The Issuer CSD for the shares of Eurobank S.A. is the Hellenic Exchanges-Athens Stock Exchange S.A. (ATHEXCSD).
The CSE, acting as Investor CSD, has created a direct standard link with the ATHEXCSD, which will serve the transfer of Eurobank S.A. shares and relevant instructions have been issued to Participants on the procedure they should follow in order to transfer Eurobank S.A. shares between the ATHEXCSD and the Central Depository and Central Securities Registry of the CSE.
It is noted that the clearing and settlement of transactions on the shares of Eurobank S.A. that will be executed on the Main Market of the CSE, either through the submission of settlement orders (OTC) to the CSE CBM system, will be carried out through the CSE CBM settlement system.
(Source: InBusinessNews)
