Nicosia, Cyprus. The Bank of Cyprus (BoC) said 276,274 new shares issued to senior executives under incentive schemes will begin trading on May 20, 2026 on Euronext Athens and the Cyprus Stock Exchange (CSE).
Share issuance and allocation
The bank said the shares were issued and allocated on March 18, 2026 and April 2, 2026 to 20 members of the group’s general management, including a former executive.
Approvals and admission to trading
The allocation was carried out under the group’s long-term and short-term incentive plans, following approvals granted at annual general meetings held in 2022, 2023 and 2024, as well as subsequent decisions by the board of directors.
The bank said Euronext Athens and the Cyprus Stock Exchange approved the admission of the new shares on May 19, 2026.
Registration and shareholder rights
The shares will be registered in the central securities depository of the Cyprus Stock Exchange and credited to the beneficiaries’ accounts within the dematerialised securities system, the bank said.
The new shares will carry the same rights as existing ordinary shares, ranking equally with all previously issued fully paid shares of the company.
Share capital and holding requirement
As of the date of the announcement, the bank’s issued share capital stands at 435,962,305 ordinary shares, each with a nominal value of €0.10.
The bank said beneficiaries are subject to a one-year holding requirement and must retain ownership of the allocated shares for at least one year from the vesting date.
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