Inactive Instrument

C.C.C. Tourist Enterprises

Equities

CCCT

CY0001701511

C C C Tourist Enterprises Public : Reduction of share capital of C.C.C. Tourist Enterprises Public Company Ltd (Regulated Market)

February 03, 2022

ANNOUNCEMENT

Reduction of share capital of C.C.C. Tourist Enterprises Public Company Ltd

(Regulated Market)

Further to relevant announcements of C.C.C. Tourist Enterprises Public Company Ltd, the Cyprus Stock Exchange announces that its issued share capital which amounted to €60,927,577.20 divided into 141,692,040 shares of a nominal value of €0.43 has been reduced under Court Order to €2,309,580,252 divided into

141,692,040 shares of a nominal value of €0.0163 as follows:

Reduction of the nominal value of the company's share from €0.43 to €0.1563 and
Reduction of the nominal value of the company's share from €0.1563 to €0.0163 with respective cash return to shareholders corresponding to €0.14 per share.

This change will come to effect as from Friday, 11 February 2022. As of 11 February 2022, the company's shares will be traded at an adjusted trading price and without the right to participate in capital return (as already announced by the company).

Nicosia, 4 February 2022

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C.C.C. Tourist Enterprises Public Company Ltd. published this content on 04 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 February 2022 07:07:03 UTC.

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MHC Mediterranean Hospitality Venture Limited signed a Memorandum of Understanding to acquire Parklane Hotels Limited from C.C.C. Tourist Enterprises Public Company Limited and Emerald Coast Properties Limited.	25/10/20	CI
C.C.C. Tourist Enterprises Public Company Limited Reports Earnings Results for the Half Year Ended June 30, 2020	28/09/20	CI
C.C.C. Tourist Enterprises Public Company Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2019	20/09/19	CI
CCC Tourist Enterprises Public Company Ltd. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2018	28/05/19	CI
C.C.C. Tourist Enterprises Public Company Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2018	27/09/18	CI
C.C.C. Tourist Enterprises Public Company Limited Announces Audited Earnings Results for the Year Ended December 31, 2017	07/06/18	CI
CCC Tourist Enterprises Public Company Ltd Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2017	16/05/18	CI
CCC Tourist Enterprises Public Company Ltd Announces Resignation of Mr. Riginos Tsanos, a Board Member	07/02/18	CI
C.C.C. Tourist Enterprises Public Company Ltd Appoints Antonis Latouros as Non-Executive, Independent, Director and the Composition of Audit Committee	18/01/18	CI
CCC Tourist Enterprises Public Company Ltd Announces Resignation of Tasos Anastasiou as Board Member	03/01/18	CI
CCC Tourist Enterprises Public Company Ltd Announces Unaudited Earnings Results for the Six Months Ended June 30, 2017	28/09/17	CI
Ccc Tourist Enterprises Public Company Ltd. Announces Consolidated Earnings Results for the Year Ended December 31, 2016	31/05/17	CI
CCC Tourist Enterprises Public Company Ltd Provides Earnings Guidance for the Full Year of 2016	10/01/17	CI
C.C.C. Tourist Enterprises Public Company Limited Reports Unaudited Consolidated Earnings Results for Six Months Ended June 30, 2016	01/09/16	CI
CCC Tourist Enterprises Public Company Ltd Provides Earnings Guidance for the First Six Months of 2016	05/07/16	CI
CCC Tourist Enterprises Public Company Ltd Announces Unaudited Consolidated Cash Flow Results for the Year Ended December 31, 2015	25/05/16	CI
CCC Tourist Enterprises Public Company Ltd Announces Unaudited Consolidated Earnings Results for the Year Ended December 31, 2015	29/02/16	CI
CCC Tourist Enterprises Public Company Ltd Provides Earnings Guidance for the Year 2015	22/12/15	CI
C.C.C. Tourist Enterprises Public Company Limited Reports Unaudited Consolidated Earnings Results for Six Months Ended June 30, 2015	06/08/15	CI
CCC Tourist Enterprises Public Company Ltd Provides Earnings Outlook for First Half of 2015	02/07/15	CI
CCC Tourist Enterprises Public Company Ltd Reports Earnings Results for the Year Ended December 31, 2014	03/03/15	CI

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Company Profile

CCC Tourist Enterprises PCL is a Cyprus-based public shareholding company that operates in the tourism industry. The principal activity of the Group is the erection and development of hotels, the carrying on of the business of hoteliers and the development and promotion of tourism and touristic activities, as well as the development of villas for sale. The Company's subsidiary, L Union Nationale (Tourism and Sea Resorts) Limited, is the owner company of hotel complex Le Meridien Limassol Spa & Resort. The hotel complex Le Meridien Limassol Spa & Resort is situated along the coast to the east of the town of Amathunta occupying an area of 91,170 square meters. In January 2014, the Company sold its 50% stake in its wholly-owned subsidiary, LâUnion Nationale (Tourism and Sea Resorts) Ltd, to Emerald Coast Properties Ltd (the Investor).

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