Capping Factor on the FTSE/CySE20 Index

REGULATED MARKET / CSE News / Capping Factor on the FTSE/CySE20 Index
14 December 2020
Capping Factor on the FTSE/CySE20 Index
                                                                                     ANNOUNCEMENT

Following its announcement of 16 November 2020, the Cyprus Stock Exchange (CSE) wishes to inform investors and market participants that, pursuant to Rule 5.4.1 of the Ground Rules for the Management of the FTSE/CySE20 Index, at the half-yearly review of the Index the participating shares whose weight exceeds 25% will be weighted at 25% of the Index.  

According to the assessment of the revised composition of the Index, based on data that applied on 11 December 2020, as noted in the Rules for the Management of the FTSE/CySE20 Index, it is announced that the share of "Bank of Cyprus Holdings Plc" will be weighted with a capping factor of  0.358621, as it is the only company whose weight exceeds 25% of the Index.  

The above change in the weighting will take effect as of Monday, 21 December 2020.

 

Nicosia, 14 December 2020