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CySEC extends further prohibition on Petros Zachariades to exercise management duties at Crowd Tech

The Cyprus Securities and Exchange Commission (CySEC) today issued an update regarding its decision to prohibit Petros Zachariades from exercising his management duties at Crowd Tech Ltd.

In January 2023, the regulator decided:

  • to suspend the exercise of the voting rights attached to the shares of the company Crowd Tech Ltd (the ‘CIF’), held by Mr. Zachariades and
  • to prohibit to Mr. Zachariades to exercise management duties to the Board of Directors of the CIF.

In April 2024, the measures were extended until September 13, 2024. Now, they are extended further. CySEC grants additional extension until…
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