Prohibition of short selling up to the 30th September 2015
Following the re-opening of the Hellenic Capital Markets, the Hellenic Capital Markets Commission had issued its decision No. 726/03.08.2015, under which, it had prohibited the short selling of shares and the transactions in any financial instrument which would create or increase a net short position of shares, admitted to trading on the regulated markets of the Athens Exchange and the Multilateral Trading Facility “EN.A.” (for which the Hellenic
Capital Markets Commission is the competent authority), until the 31st August 2015.
On the 31st August 2015, the Hellenic Capital Markets Commission issued its decision No. 728/31.08.2015, according to which the short selling of shares in the regulated market of Athens Exchange and the Multilateral Trading Facility “EN.A.”, for which the competent authority is the Hellenic Capital Markets Commission remains prohibited, regardless of where such transactions are conducted (i.e. on a regulated market, on a Multilateral
Trading Facility or over- the- counter), from the 1st September 2015 (00:00) until the 30th September 2015 (24:00). Such prohibition also includes share sales, which are going to be cleared by purchases within the same day (intraday purchases).
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