The Cyprus Securities and Exchange Commission (CySEC) announced on Friday that it has imposed administrative fines on 12 listed companies for breaching transparency rules relating to the publication of their annual financial reports for 2024.

The regulator said the sanctions were decided by its board during a meeting held on June 8, 2026, with the announcement published on August 7, 2026.

The fines were imposed under the Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law of 2007, as amended.

According to CySEC, the penalties relate to violations of section 9(1) of the legislation, which concerns the publication of annual financial reports, while several companies were also found to have breached section 37(2)(a) of the same law.

KDM Shipping Public Limited and Toxotis Investments Public Ltd received the largest penalties, with each company fined €17,000 for violating both section 9(1) and section 37(2)(a).

Dome Investments Public Company Limited, A. Tsokkos Hotels Public Limited and Karyes Investment Public Company Ltd were each fined €16,500 for breaches of the same two provisions.

Cyprus Trading Corporation Plc received an administrative fine of €9,500 for violating section 9(1) of the law.

MLK Foods Public Company Ltd and Agroton Public Limited were each fined €8,500 for violating both section 9(1) and section 37(2)(a).

Ermes Department Stores Plc received an administrative fine of €7,000 for breaching section 9(1).

Woolworth (Cyprus) Properties Plc was fined €6,500 for violating section 9(1).

The lowest penalties were imposed on Unifast Finance & Investments Public Company Limited and CPI Holdings Public Limited, which were each fined €1,500 for breaching section 9(1).

In total, CySEC imposed €126,500 in administrative fines across the 12 companies for failures related to the publication of their 2024 annual financial reports.