Stock Markets Steering Committee of Hellenic Exchanges - Athens Stock Exchange


 

March 3rd, 2023

 

Price trading limits for shares with a free float of less than 10%

 

Following the announcement of the Stock Markets Steering Committee of the Athens Stock Exchange of March 1, 2023, regarding the amendment of ATHEX BoD Resolution No 22, the new share price trading limits of shares with a free float of less than 10% of the total common shares of a listed company, are set to ±10% of the shares starting price.
 
The free float data of the listed companies will be determined each calendar quarter, in accordance with the relevant regulatory provisions.
 
The new share price limits apply regardless of: (i) the stock's liquidity class, and (ii) the existence of Market Makers.
In addition, the determination of the closing price of the share will be realized through the Enhanced Method by checking the significant trade value, as described in §2.1.9.2.1 (C) of the ATHEX Rulebook. Finally, the static limit of the Volatility Interruption Mechanism does not apply to the specific shares.
 
The aforementioned changes in the ATHEX BoD Resolution 22 will apply as of Monday, March 6, 2023, taking into consideration the free float data of the listed companies with reference date Thursday, March 2, 2023, EOD (end of day).  According to these figures, the above changes apply for the following shares:
 
1. TRASTOR REAL ESTATE INVESTMENT COMPANY (CR)
2. ATTICA BANK S.A. (CR)
3. PLAISIO COMPUTERS S.A. (CR)
4. KARELIA TOBACCO COMPANY S.A. (CR)
5. PRODEA R.E.I.C. S.A. (CR)
6. ALPHA ASTIKA AKINITA S.A. (CR)
7. ATTICA HOLDINGS S.A. (CR)
8. AVE S.A. (CR)
 

 

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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 Derivatves 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. It has held the ISO 22301:2012 international standard for Business Continuity, for all its companies, including all its operations as well as the products & services it provides.

In a period that the role of stock markets in exploring alternative ways of financing business, at a European level, is significantly enhanced, the Athens Exchange Group has taken a series of initiatives to highlight the attractiveness of the Greek Capital Market and the Greek companies to the international investment community and expand the variety of investment opportunities.

Its shares are traded on the Main Market of the Athens Stock Exchange (Symbol: EXAE).

The profiles of the ATHEX Group and its markets can be downloaded from the link. More information can be found in the website www.athexgroup.gr.