BOC vice chairman Strzhalkovskiy disposes a 0.7% share package

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By Stelios Orphanides

Bolerstone Trading Ltd, a company controlled by a vice-chairman of Bank of Cyprus, sold 62,500,000 shares, representing 0.7 per cent of outstanding shares, the company said.

Bolerstone was commenting in a statement at the website of the Cyprus Stock Exchange.

A Bank of Cyprus source who spoke on condition of anonymity said that Bolerstone is related to vice chairman Vladimir Strzhalkovskiy.

Another person with familiar with the matter said that Lamesa Holding S.A., a member of Renova Group, which controls 6.2 of Bank of Cyprus’s shares acquired the shares disposed by Strzhalkovskiy.

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About Author

Stelios Orphanides is a journalist at CyprusBusinessMail.com. To contact Stelios Orphanides: [email protected]

  • All is good…

    Not too long now before the BOC is owned, and controlled, by the Turks.