Board member resignation and share buyback updates from Demetra Holdings Plc

Demetra Holdings Plc announced that board member Mark Klerides resigned from his positions at the company and its subsidiaries effective July 20, 2026. Simultaneously, the company reported share buyback activities authorized at the annual general meeting held on June 30, 2026. Reports regarding the buyback transactions contain conflicting figures. One company statement reported the acquisition of 719 shares at €1.525 per share on July 20, 2026, executed through the Cyprus Investment & Securities Corporation Ltd (CISCO). A separate report indicated the repurchase of 4,960 shares at €1.53 per share, citing a board session from July 17, 2026. Both transactions were allegedly performed in accordance with regulatory requirements of the Cyprus Stock Exchange and the Cyprus Securities and Exchange Commission. The company expressed gratitude for Klerides' contribution upon his departure from the board.