Nicosia, Cyprus. The Cyprus Stock Exchange (CSE) said it has approved the listing of 3.48 million new ordinary shares for Solidus Securities following an application for a share subdivision. Trading of the subdivided shares is set to begin on March 20, 2026.
Approval and legal basis
The CSE said the approval followed a request submitted by the investment firm on March 3, 2026, to restructure its equity capital. The exchange said the shares were accepted for introduction for trading in accordance with Article 58 of the Cyprus Securities and Stock Exchange Law regarding the listing of new instruments.
Subdivision details
The new securities are being issued as a result of a reduction in the nominal value of each share, which was subdivided from €30.00 to €1.00. “The Cyprus Stock Exchange announces that it has accepted for introduction for trading 3,480,000 of its ordinary shares,” the CSE said.
Settlement and share capital impact
The exchange said the shares will be simultaneously entered into the Central Depository and Registry to allow immediate electronic settlement. It added that the new units will be integrated into the firm’s already listed share capital, bringing total tradable equity to 3,600,000 shares.
How do you expect the share subdivision to affect trading interest in Solidus Securities shares?
