Further to a previous announcement, the Cyprus Stock Exchange announces the continuation of the suspension of trading of the titles of BROZOS IVY PUBLIC LTD, for an additional period of two (2) months, i.e. until 17 July 2017 inclusive, following a relevant approval obtained by the Securities and Exchange Commission. It is reminded that the Company's titles are listed on the CSE Emerging Companies Market.
The decision was taken pursuant to Article 185 of the Securities and Cyprus Stock Exchange Law as the reasons imposing the continuation of the suspension of trading of the titles of the aforesaid company continue to apply given that based on the content of articles posted in electronic media, it is considered likely that the value of its securities may be substantially affected, having as a result the non safeguarding or threat to the smooth operation of the Market in connection with the securities in question.
It is also reminded that the company has not submitted and published its Annual Financial Results for the year ended 31/12/2016, which consitutes a reason for suspending the trading of its titles.
Moreover, it is noted that the suspension of trading of the company's titles will be lifted once the company:
(a) publishes any information that changes the currently available data and which will be evaluated accordingly, and
(b) issues and publishes its Annual Financial Report for the year ended 31/12/2016.
Nicosia, 18 May 2017