Nicosia, Cyprus. The Cyprus Stock Exchange said it will delist the shares of K. Kouimtzis and A.J. Green Shell from the emerging companies market effective July 31, 2026, citing failures to meet conditions required for the market’s smooth operation and protect investors.
The shares of both companies will remain suspended from trading until their final delisting.
K. Kouimtzis
The exchange said K. Kouimtzis failed to retain a nominated adviser and did not submit its six-monthly financial report for the period ended June 30, 2025, or its annual financial report for the year ended December 31, 2025.
Its shares have been suspended from trading since August 11, 2025, exceeding six months, according to the exchange.
The CSE also cited non-compliance with requirements to maintain a satisfactory number of shareholders and to provide information on the company’s business plan.
A.J. Green Shell
For A.J. Green Shell, the exchange cited the non-submission of annual financial reports for 2024 and 2025 and the six-monthly financial report for the period ended June 30, 2025.
The company also failed to maintain a nominated adviser, settle outstanding financial obligations to the exchange, and provide information concerning its business plan, the CSE said.
A.J. Green Shell’s shares have been suspended from trading since August 13, 2025.
Removal from registry
On July 31, 2026, the securities of both companies will also be removed from the Central Securities Depository and Central Registry in accordance with the relevant exchange laws.