At its recent meeting, the Council of the Cyprus Stock Exchange ratified, pursuant to Article 184 of the CSE Law, the decision to continue the suspension of trading of the titles of Inzhsystems Ltd, as announced on 28 September 2020.
Based on the above, the suspension of trading of the company's titles will be in effect until 30 November 2020 (inclusive). Provided that if during this suspension of trading, the company complies with:
(a) its ongoing obligation to issue and publish its Half-Yearly Financial Report for the period ended 30/6/2019,
(b) its ongoing obligation to appoint a Nominated Advisor,
(c) its ongoing obligation to appoint a Trustee and
(d) its ongoing obligation to issue and publish its Annual Financial Report for the year ended 31/12/2019,
then the suspension of trading of its titles will be lifted.
Further to the above, it is noted that the said company has not proceeded with the issue and publication of its Half-Yearly Financial Report for the period ended 30/6/2020.
Nicosia, 13 October 2020