Regulatory Filings • Jun 30, 2015
Regulatory Filings
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Cyprus Stock Exchange Nicosia
30 June 2015
Pursuant to the CSE and CySEC Regulations and in order to fully inform the shareholders and the investing public in general, we wish to inform you that the results for the six months ending 30 June 2015 are expected to be lower than those of the corresponding period $\mathsf{of}$ 2014.
This is attributable to the significant increase in the foreign exchange loss at the end of the first half of 2015 compared with the corresponding period last year. The significant increase in the foreign exchange loss is due to the fact that on 15 January 2015 the Swiss Central Bank abandoned the eurocap policy.
The increase in the foreign exchange loss was offset to a small extent by the increase in the results from the Hotel operations of the Company due to higher occupancy rates.
Yours Sincerely,
Anastasia Tsokkou President of the Board of Directors
Att.: Cyprus Exchange and Securities Commission
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