5 March 2021 CYSEC Board Decision Announcement date: Regarding: Legislation: Subject: Judicial Review: 05.03.2021 Board decision date: 26.10.2020 Cyprus Trading Corporation Plc, Woolworth (Cyprus) Properties Plc, Ermes Department Stores Plc, KDM Shipping Public Ltd, Liberty Life Insurance Public Company Ltd, Aias Investment Public Ltd, Harvest Capital Management Public Ltd, Rolandos Enterprises Public Ltd, Regallia Holdings & Investments Public Ltd, Isxis Investment Public Ltd, Exelixi Investment Public Ltd, A.L. Prochoice Group Public Ltd and CPI Holdings Public Ltd The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law Fines Click here Judicial Review Ruling: Click here The Board of the Cyprus Securities and Exchange Commission (‘the CySEC’) would like to inform the public that, at its meetings held on 26th October 2020, decided to impose the following administrative fines for violations of the Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law of 2007, as amended (‘the Law’), in regard to the publication of the Half-Yearly Financial Report of issuers for the first half of the year 2019: Cyprus Trading Corporation Plc – Imposition of a total administrative fine of €6.300 for violation of sections 10
(1)and 37
(2)(a) of the Law, Woolworth (Cyprus) Properties Plc – Imposition of a total administrative fine of €6.300 for violation of sections 10
(1)and 37
(2)(a) of the Law, Ermes Department Stores Plc – Imposition of a total administrative fine of €6.300 for violation of sections 10
(1)and 37
(2)(a) of the Law, KDM Shipping Public Ltd – Imposition of a total administrative fine of €6.300 for violation of sections 10
(1)and 37
(2)(a) of the Law, Liberty Life Insurance Public Company Ltd - Imposition of a total administrative fine of €6.300 for violation of sections 10
(1)and 37
(2)(a) of the Law, Aias Investment Public Ltd - Imposition of an administrative fine of €4.000 for violation of section 10
(1)of the Law, Harvest Capital Management Public Ltd - Imposition of an administrative fine of €4.000 for violation of section 10
(1)of the Law, Rolandos Enterprises Public Ltd - Imposition of an administrative fine of €4.000 for violation of section 10
(1)of the Law, Regallia Holdings & Investments Public Ltd - Imposition of a total administrative fine of €3.150 for violation of sections 10
(1)and 37
(2)(a) of the Law, 1 Isxis Investment Public Ltd - Imposition of a total administrative fine of €3.150 for violation of sections 10
(1)and 37
(2)(a) of the Law, Exelixi Investment Public Ltd - Imposition of an administrative fine of €1.600 for violation of section 37
(2)(a) of the Law, A.L. Prochoice Group Public Ltd - Imposition of an administrative fine of €1.200 for violation of section 37
(2)(a) of the Law and CPI Holdings Public Ltd - Imposition of an administrative fine of €500 for violation of section 37
(2)(a) of the Law. Full details/justification of the CySEC’s decision are/is available in the Greek text of the announcement. Em/cg 2