GREECE: HCMC announce extension of short selling ban

Tuesday July 14 2015

The Hellenic Capital Market Commission (HCMC), during its 719/13.07.2015 Board of Directors meeting, and further to the relevant Opinion issued by ESMA on the same day, has decided to extend the temporary prohibitions of transactions in any financial instrument which would create a short position of the shares admitted to trading on the Athens Exchange and the Multilateral Trading Facility of ‘EN.A’ (Alternative Markets of the Athens Exchange) of which the relevant Competent Authority is HCMC.

This temporary prohibition is imposed in accordance with Article 20 of the Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling.

The measure shall apply for a period of seven days and shall be in force as of 00:00:01 hours (CET) on 14 July 2015 until 24:00:00 (CET) on 20 July 2015.

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