Announcement Variation
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CSE Announcements
Cyprus Stock Exchange
CSE - Cyprus Stock Exchange
Half-Yearly Review of the CSE Indices

In order to inform investors and stakeholders, the Cyprus Stock Exchange (CSE) announces that the CSE Index Advisory Committee,  at its meeting on Monday, 16 November 2020, approved the following changes in the composition of the indices as a result of the regular half-yearly review of their composition for the May 2020 – October 2020 period.

In summary, the changes pertain to the following:

a) Change in the weighting percentage of the shares of Bank of Cyprus Holdings Plc to 86%, which will apply to all Indices in which it participates, i.e. the General Index and the Main Market Index.

b) Change in the weighting percentage of the shares of ELLINAS FINANCE PUBLIC COMPANY LTD to 23%, which will apply to all Indices in which it participates, i.e. the General Index and the Alternative Market Index.

c) Change in the weighting percentage of the shares of LORDOS UNITED PLASTICS PUBLIC LTD to 19%, which will apply to all Indices in which it participates, i.e. the General Index and the Alternative Market Index.

d) Change in the weighting percentage of the shares of PHILOKTIMATIKI PUBLIC LTD to 42%, which will apply to all Indices in which it participates, i.e. the General Index and the Alternative Market Index.

e) Changes in paragraphs 2.1.2, 3.7, 3.7.1 and 3.7.2 of the Ground Rules for the Management and Calculation of the CSE Indices, which refer to the transfer of the CSE Sector Indices to the new Industry Classification Benchmark (ICB).

It is reminded that the Capping Factors of the shares participating in the composition of the Indices:

  • CSE General Index
  • CSE Main Market Index

will be calculated based on the closing of the trading session of Friday, 11 December 2020. 

All changes will take effect as of Monday, 21 December 2020.

 

 

Nicosia, 16 November 2020

Not Regulated
Filing Date: 17/11/2020 08:41

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