The Cyprus Stock Exchange (CSE) on Thursday announced that it has approved the listing of 3.48 million new ordinary shares for Solidus Securities, following a formal application for a share subdivision.
This regulatory move follows an initial request submitted by the investment firm on March 3, 2026, to restructure its equity capital.
The new securities are being issued as a direct result of a reduction in the nominal value of each share, which has been subdivided from €30.00 down to €1.00.
“The Cyprus Stock Exchange announces that it has accepted for introduction for trading 3,480,000 of its ordinary shares,” the CSE stated.
This approval was granted in accordance with Article 58 of the Cyprus Securities and Stock Exchange Law regarding the listing of new instruments.
The exchange confirmed that the shares would be simultaneously entered into the Central Depository and Registry, ensuring they are cleared for immediate electronic settlement.
Following the subdivision, these new units will be fully integrated into the already listed share capital of the investment firm.
The total volume of the company’s tradable equity will subsequently rise to reach a final count of 3,600,000 shares.
Investors will be able to begin trading the subdivided shares on the floor of the exchange starting from Friday, March 20, 2026.
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