Cyprus Stock Exchange Suspends Trading in iDNA Genomics Bonds
What happened
The Cyprus Stock Exchange suspended trading in bonds issued by iDNA Genomics Public Ltd for up to two months, effective November 2, 2026, under Article 183 of the Cyprus Securities and Stock Exchange Law. This action followed the resignation of the previous trustee, which was Crowdbase Ltd, and the company's failure to appoint a replacement trustee by the required deadline.
From cyprus-mail.com
Why it matters
The suspension halts the trading of corporate bonds listed on the exchange, affecting market liquidity and the ability of investors to trade these specific securities. The exchange stated that appointing a trustee is a continuing obligation of the company.
iDNA Genomics Public Ltd had previously announced a trustee resignation via the Cyprus Stock Exchange.
From cyprus-mail.com
Who's involved
- Cyprus Stock ExchangeThe stock exchange that suspended trading in the corporate bonds.
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The entities involved
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Cyprus Stock Exchange
Stock exchange located in Nicosia, Cyprus