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CSE confirms trading date for new MHV shares

Cyprus Mail · 2026-09-18

AI SUMMARY

• What happened: The Cyprus Stock Exchange announced the listing of 101,410,900 additional ordinary shares of MHV Mediterranean Hospitality Venture Plc, set to begin trading on September 21, 2026. • Why it matters: This increase in shares, resulting from a private placement to Prodea Real Estate Investment Company S.A., aims to enhance MHV's capital structure and support future growth in the hospitality sector. • What to watch next: Investors should monitor the performance of MHV's shares and overall market conditions as the trading date approaches, as it may indicate trends in the hospitality industry and the Cypriot economy.

**CSE Confirms Trading Date for New MHV Shares**

The Cyprus Stock Exchange (CSE) has officially announced the listing of 101,410,900 additional ordinary shares of MHV Mediterranean Hospitality Venture Plc. This decision was made public on Friday and is in accordance with Article 58(1) of the Cyprus Securities and Stock Exchange Law.

The newly issued shares, each carrying a nominal value of €1.00, will be integrated into the existing share capital of MHV Mediterranean Hospitality Venture Plc. Following this addition, the total number of listed shares for the company will rise to 221,611,620.

The CSE confirmed that the new shares will be simultaneously entered into the Central Depository and Central Registry, adhering to Articles 10(1) and 10(3) of the relevant registry legislation. This process is crucial for maintaining accurate records and ensuring that all transactions are properly documented within the exchange's system.

The additional shares were issued and allocated through a private placement to Prodea Real Estate Investment Company S.A., a strategic move that reflects MHV's ongoing efforts to enhance its capital structure and support future growth initiatives.

Trading for the newly issued shares is set to commence on Monday, September 21, 2026. This date marks a significant milestone for MHV Mediterranean Hospitality Venture Plc as it continues to expand its presence in the hospitality sector.

Investors and stakeholders are encouraged to stay informed about the developments surrounding MHV and the overall market conditions as trading approaches. The integration of these new shares is expected to provide further liquidity and investment opportunities within the CSE.

As the trading date nears, market analysts will be closely monitoring the performance of MHV's shares, which may reflect broader trends in the hospitality industry and the Cypriot economy.

Source: Cyprus Mail
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