Developments in share repurchase activities for Vassilico and Cyprus Cement

Vassilico Cement Works has scheduled an extraordinary general meeting for October 29, 2026, to seek shareholder approval for a new share buyback program. The meeting will be held at the company's factory offices, where a special resolution will be proposed to allow the board of directors to acquire up to 10 per cent of the firm's issued share capital or 25 per cent of the average daily trading volume on the Cyprus Stock Exchange over the preceding 30 days, whichever is lower. The acquired shares would be held for a maximum of two years, with purchase prices restricted to no more than 5 per cent above the average market price.

In a separate development, The Cyprus Cement Public Company Ltd executed a share repurchase on October 8, 2026, acquiring 2,170 of its own shares at €1.36 each. This transaction, totaling €2,951.20, was handled by ProChoice Chrimatistiriaki Ltd as part of an existing capital management initiative authorized during the company's shareholders' meeting on June 18, 2026. The move complies with regulatory disclosures required by the Cyprus Stock Exchange and the Cyprus Securities and Exchange Commission.