BANK OF CYPRUS PUBLIC COMPANY LTD
Price for reinvestment of final dividend 2010
Regarding the final dividend of €0,03 per share, which was approved at the Shareholders' Annual General Meeting held on 24 May 2011, the price at which the final dividend will be reinvested into shares is €2,00 per share, as per the Bank of Cyprus Dividend Reinvestment Plan ("the Plan").
The price was calculated according to the terms of the Plan, based on the applicable 10% discount on the weighted average closing price of the shares on the Cyprus Stock Exchange (CSE) and the Athens Exchange (ATHEX) for the first five working days (31 May 2011 - 6 June 2011) that the share was quoted ex-dividend.
Investors holding approximately 35% of shares eligible for the final dividend reinvested the dividend.
The price was calculated according to the terms of the Plan, based on the applicable 10% discount on the weighted average closing price of the shares on the Cyprus Stock Exchange (CSE) and the Athens Exchange (ATHEX) for the first five working days (31 May 2011 - 6 June 2011) that the share was quoted ex-dividend.
Investors holding approximately 35% of shares eligible for the final dividend reinvested the dividend.