Further to its previous announcement of 5 July 2019, the Cyprus Stock Exchange announces the suspension of trading of the titles of Elaine Securities Plc pursuant to Article 183 of the CSE Law, due to the non-submission and publication of its Annual Financial Report for the year ended 28/2/2019. The suspension of trading will take effect as of Friday, 11 October 2019.
The decision was taken pursuant to Article 183 of the Securities and Cyprus Stock Exchange Law, in order to protect investors, as well as in the framework of the Policy Decision of the Stock Exchange Council, according to which if an Issuer fails to comply, within 3 months from the date of display of its titles with the (Σ) marking on the trading boards and the price bulletins, as a result of the non-submission and publication of its financial results, then the Stock Exchange proceeds to the suspension of trading of the Issuer's titles (CSE circular 01-2018, 02-2018, dated 23/1/2018).
Provided that the suspension of trading of the titles of the aforesaid company will be lifted, if and when its pending financial results are submitted.
Nicosia, 9 October 2019