Eaton Vance Management reduces stake in Bank of Cyprus below 3 per cent

Eaton Vance Management has reduced its shareholding in Bank of Cyprus Holdings PLC to below the 3 per cent regulatory threshold. The change occurred on May 12, 2026, dropping the firm's stake from its previous level of 3.11 per cent. This movement relates to direct and indirect voting rights associated with ISIN code IE00BD5B1Y92. At the time of the transaction, the total number of voting rights in the issuer was 435,962,305. The investment manager confirmed that both its equity holdings and financial instruments are now below the 3 per cent reporting requirement. Formal notification of this change was submitted to the Central Bank of Ireland and the company. The regulatory disclosure document was finalized in Glasgow on May 14, 2026, and included details regarding the chain of controlled undertakings. The notification ensures compliance with standard TR-1 major holdings requirements.