Following its previous announcement of 7 June 2019, the Cyprus Stock Exchange announces the suspension of trading of the titles of Swan Real Estate Plc pursuant to Article 183 of the CSE Law, due to the non-submission and publication by the Company of its Annual Financial Report for the year ended 31/1/2019. The suspension of trading will be effective as of Wednesday, 11 September 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 context of the implementation of the CSE Council Policy Decision, 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, the Stock Exchange will proceed to suspend the trading of the titles of the issuing company (CSE Circular 01-2018, 02-2018, dated 23/1/2018).
Provided that the suspension of trading of the Company's titles will be lifted if and when its Annual Financial Report is submitted.
Nicosia, 9 September 2019