Company History and Milestones

Company history and milestones

 

  • Mega Equity Securities & Financial Services Public Ltd (HE107374) was incorporated on the 17th of December 1999 as a Public Limited Liability Company under the Cyprus Companies Law cap.113. The Company’s registered office and headquarters are in Nicosia, Cyprus.

 

  • The founders and Executive Directors of the Company are well known professionals with many years of experience in the Investment Services sector.

   

  • 2000 - The Company becomes a member of the Cyprus Stock Exchange (CSE) and obtains an operating license as a Cypriot Stock Brokerage company.

 

  • 2003 - The Company obtains its license from the Cyprus Securities & Exchange Commission (CySEC) as a Cypriot Investment Firm (C.I.F.) under license number 011/03.

 

  • 2006 - The Company obtains the operating license from the CSE to provide Cross Border Investment Services.

 

  • 2006 - The Company becomes a member of the Athens Stock Exchange (ASE)

 

  • 2010 - The Company becomes a member of the Athens Derivatives Exchange (ADEX).

 

  • 2013 - The Company becomes member of the XNET network in cooperation with the Athens Stock Exchange.

 

 

Shareholders

 

  • Mega Equity is a Public non-listed company with around 200 shareholders.
  • The Members of the Board own 51.7% of the share capital with maximum single shareholding at 13%.
  • The remaining 48.3% of the share capital is owned by 190 shareholders (individuals and legal entities), with maximum single shareholding at 6%.

 

 

Own funds and Common Equity Tier 1 (CET1) ratio

 

  • Based on audited financial statements for the year 2017, the Company’s own funds amounted to approx. 2 million euro.
  • The Common Equity Tier 1 (CET1) ratio is 96%, which is well above the 8% minimum requirement.