Successful bid by L, Ioannou for PHC

Lysandros Ioannou announced that the Public Offer to the shareholders of PHC Franchised Restaurants Public Limited dated May 2, 2007, has expired successfully on June 8, 2007 at 1.30 pm.
The total shares that were secured by the shareholders of PHC stood at 27.56%. As a result, the total stake that Lysandros Ioannou holds in PHC amounts to 62.1%, since he already held 34.54% of PHC before the Public Offer.