Cyprus Stock Exchange announced recently it approved to introduce to the Stock Exchange 151,065,200 ordinary shares of Hellenic Bank, which emerged following mandatory conversion of the company's Convertible Bonds.
These shares will be incorporated in the company’s share capital which will reach to 3,698,557,061 ordinary shares worth €0.01 each.
Due to the conversion the number of Convertible Bonds listed in the CSE (HBCS1 / ETMA1) will be reduced to 25,401,840 worth of €1,00 each.
The trading of the new shares will begin on Wednesday, September 17, 2014.
Source: Financial Mirror
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