Press release of Stock Markets Steering Committee of Hellenic Exchanges - Athens Stock Exchange


 

June 10, 2016

 

Stock Markets Steering Committee of Hellenic Exchanges
Athens Stock Exchanges


Τhe Athens Stock Exchange, following today's session of its Stock Markets Steering Committee, announces the temporary suspension, on Wednesday, June 15, 2016, of trading of the 6,030,903 units of the Exchange Traded Fund "ALPHA ETF FTSE Athex Large Cap EQUITIES FUND" (ISIN: GRF000013000), in order to be replaced by 603,090 new units, as a result of the units' reverse split. The record date for the aforementioned corporate action is Thursday, June 16, 2016. The commencement of trading of the new units is on Tuesday, June 21, 2016.

Additionally, during the suspension of trading of the units of the Exchange Traded Fund "ALPHA ETF FTSE Athex Large Cap EQUITIES FUND", the trading of the corresponding lending products will also be suspended.

Finally, the Stock Markets Steering Committee of Hellenic Exchanges - Athens Stock Exchange, during today's session, approved the modification of:

  • The Resolutions No 10 & No 13 of the Stock Markets Steering Committee of the Athens Exchange, concerning the minimum traded quantity of the pre-agreed trades on the derivatives products on FTSE/ATHEX Large Cap Index, which is defined to 50 contracts. This modification will be in force on the trading session of Monday 13/6/2016 until the end of the trading session of the 3rd Friday of June 2016 (17/06/2016), for the purpose of the Member's facilitation to the smoother transition of the new adjustment of the FTSE/ATHEX Large Cap Index, which will be adjusted by multiplying its current value by 10.
  • The Resolution No 22 of the Stock Markets Steering Committee of the Athens Exchange, specifying the pre-agreed trades ? "Method 6-1 special fees category" and defining the conditions of application of their maximum daily fluctuation limits over the start of day price of the stock value. This modification will be in force on Monday 13/6/2016.

 

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About Athens Exchange Group

The Athens Stock Exchange since its establishment in 1876, consistently participate in the financial and business developments in the country.

Athens Exchange Group (ATHEX Group), provides support to the Greek Capital Market. ATHEX Group operates the organized Equities and Derivatives markets, the alternative market and performs clearing and settlement of trades.

The Athens Stock Exchange, through its markets, offers solutions and financing tools to businesses, expands investor choice by providing a safe, stable and easy environment in full alignment with international practices and the European regulatory framework.

Its shares are traded on the Main Market of the Athens Exchange (Symbol: EXAE). More information about the Athens Exchange Group, can be found in the links provided here, website, company profile and overview of the market.