His participation rate was reduced to 2.99% from 3.07%
The Carval Fund’s participation rate in Bank of Cyprus’s share capital fell below 3%, according to the bank.
Specifically, as his participation rate decreased to 2.99% from 3.07%.
Yesterday it was announced that his participation rate was reduced to 3.07% from 4.99%.
It is recalled that in October, Carval announced that it had sold shares corresponding to 3% of the Bank of Cyprus. Specifically, Carval announced that it has successfully completed the sale of 13.5 million shares of the Bank of Cyprus, corresponding to about 3% of the share capital through institutional investors with Accelerated Bookbuilding.