ANNOUNCEMENT

Continuation of trading of the titles of C.O. Cyprus Opportunity Energy Public

Company Ltd with the (Σ) marking (Emerging Companies Market)

Following the submission and publication of the Annual Financial Report of C.O. Cyprus Opportunity Energy Public Company Ltd for the year ended 31/12/2020, the Council of the Cyprus Stock Exchange has decided that the company's titles will continue to appear with the (Σ) marking in the trading boards and price bulletins on the Emerging Companies Market due to "Qualified Opinion" as well as "Material Uncertainty Related to Going Concern" raised in the Independent Auditors' Report for the year ended 31/12/2020.

This decision of the CSE Council was reached pursuant to paragraph 2.2.6A(a) of RAA 379/2014 (as amended).

It is clarified that the Council will remove the (Σ) marking from the company's titles in the trading boards and price bulletins once it establishes that the reasons that led to the appearance of the marking on the company's securities no longer exist.

Nicosia, 31 January 2022

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C.O. Cyprus Opportunity Energy pcl published this content on 31 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 February 2022 05:18:02 UTC.