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Founded in 1988 as a partnership, it was incorporated in 1996 with the commencement of the Cyprus Stock Exchange (CSE) and became one of its first members. SFS Group is one of the oldest and largest non-banking financial groups in Cyprus that diversified further since 2000 into one of the largest property and shipping owners on the island. The Group also has a major presence in the private equity and venture capital fields in Cyprus and Greece. Through its own book and associated holdings, SFS Group is a substantial institutional investor on the Cyprus Stock Exchange. SFS Group Public Company Limited [then Sharelink Financial Services Limited] was incorporated in February 1998 as a private company that acquired all the share capital of Share Link Securities Ltd, AAA United Stockbrokers Ltd and Share Link Asset Management Ltd from its founders.
In April 1999 SFS Group became a public company. Its shares were listed on the Cyprus Stock Exchange in July 1999 and trades since then under the ticker symbol [SFS]. SFS Group has been part of the FTSE/CySE20 Index since its inception back in 2001. The company has over 5,900 shareholders and its share is one of the most actively traded on the CSE.
The Group employs a total of 120 professional staff of which 70 are in financial/investment related services, 45 in shipping related services and five in property related services. Through its private equity subsidiaries the Group employs a further 300 people. The Group's total assets at 31st December 2005 are in excess of CYP147 million [€254 million] and its net assets are around CYP55 million [€95 million]. Turnover during 2005 exceeded CYP30 million [€53 million] and net retained profits where CYP2.7 million [€4.6 million].
The Group's headquarters are in Nicosia, Cyprus. Through its subsidiaries and associated holdings the Group also has presence in Greece, Germany, Poland, Romania, Ukraine and Kuwait. |