Announcement Of The Hellenic Capital Market Commission On Banking Holiday - Exchanges Remain Closed

The Hellenic Capital Market Commission (HCMC), following the Legislative Act of the 18th July 2015 «Urgent restrictions on the transfer of capital and on cash withdrawals and amendments to laws number 4063/2012, 4172/2013, 4331/2015 και 4334/2015» (Official Gazette of the Greek Republic, number 84/18.7.2015), taking into account, in particular, the restrictions laid down in par. 10 of the first article of abovementioned Legislative Act, announces the following:  

a) The regulated market and the Multilateral Trading Facility of "EN.A" (Alternative Market) of the Athens Exchange (Athex) will continue to remain closed.

b) The Electronic Secondary Market "HDAT" for bonds, of the Bank of Greece, will continue to remain closed.

c) Redemption of mutual funds' units will continue to be suspended. 

d) The clearing services by ATHEXClear for all securities and derivative instruments traded on the Greek securities' and derivatives' markets and the Multilateral Trading Facility "EN.A" will continue to be suspended.

e) The cash settlement of transactions on securities traded on the Greek markets, effected by the Hellenic Central Securities Depository, will continue to be suspended.

The aforementioned   suspensions will remain in force at least until the issuance of a Decision by the Minister of Finance, according to last subpar. of  par. 10 of abovementioned Legislative Act, which will waive relevant restrictions.