The Wellington Management Group has reduced its stake in Bank of Cyprus Holdings Public Limited Company, falling just under the 4 per cent threshold, according to a filing submitted to the Cyprus Stock Exchange (CSE).
The change was formally recorded on July 11, 2025, and the bank was notified on July 14, 2025.
The filing shows that Wellington now holds 3.99 per cent of the bank’s voting rights through direct ownership of shares.
This represents a drop from its previous holding of 4.75 per cent.
The total number of voting rights held by Wellington amounts to 17,413,150 shares out of a total of 435,686,031.
No financial instruments or derivatives were included in the current holding.
According to the notification, the shares are held through various custodians, including Brown Brothers Harriman, Chase Nominees Ltd, Citibank NA, Goldman Sachs Securities (Nominees) Ltd, ROY Nominees Limited, and State Street Nominees Ltd.
The stake is ultimately held through a full chain of control, beginning with Wellington Management Group LLP.
The structure includes Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, and Wellington Management Company LLP, which directly holds 3.4 per cent of the bank’s voting rights.
Other related entities listed in the structure, such as Wellington Management Global Holdings, Ltd. and Wellington Management International Ltd, did not report any direct voting rights.
The notification was completed in London on July 14, 2025.
The shareholding change was classified as an acquisition or disposal of voting rights, as required under European regulations when thresholds such as 4 per cent are crossed.
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