Cyprus Stock Exchange to Remove EFA Holdings PLC from Emerging Companies Market Index

The Cyprus Stock Exchange (CSE) has announced that the composition of its Emerging Companies Market Index will be changing this week, with the shares of EFA Holdings PLC set to be excluded from the index.

According to the official statement issued by the CSE, the removal of EFA Holdings PLC from the index is scheduled to take effect on Friday, August 8, 2025. The decision was made in alignment with the CSE’s regulatory framework, specifically Rule 3 of the Ground Rules for the Management and Calculation of the CSE Indices.

Rule 3, as cited by the Exchange, "provides for the non-inclusion of a share in an index in cases of free price fluctuation." Based on this provision, the CSE determined that the shares of EFA Holdings PLC no longer meet the criteria for inclusion in the Emerging Companies Market Index.

EFA Holdings PLC is currently listed under the New Market of the Cyprus Stock Exchange, carrying the classification of stock equity and identified by the market code CSE-New.

The Cyprus Stock Exchange emphasized that this announcement has been made to ensure that investors are adequately informed of the forthcoming adjustment to the index.

By fLEXI tEAM