Trokkoudes & Kyros bracing for IPO

The Securities and Exchange Commission approved on 27 February 2008, the prospectus for the Initial Public Offering (IPO) for the listing of 2.7mln shares of Trokkoudes and Kyros Ltd from Makariou Group and Kyros Chrysanthou.

The Makariou Group will dispose 581,650 shares and Kyros Chrysanthou will dispose up to 2,158,350 shares of the Company. The IPO will commence on 18 March 2008 up to 21 March 2008.