SPRIDER STORES S.A
Press Release - Fire in SPRIDER STORE LIKOVRISI ATTICA
An inflammatory assault was broken out by unidentified individuals in SPRIDER STORE Likovrisi Attica, on Saturday, June 28, 2008 during midnight. As a result of the consequent fire, the store was totally destroyed. Greek justice carries out an investigation for the detection of the perpetrators.
The point of sales was fully insured, concerning fixed assets involved as well as merchandise placed within the store. SPRIDER STORES Group intends to re - operate the store as soon as possible. The reconstruction works will begin soon and are expected to be concluded within the next two months.
The above development will not affect Group earnings and financial standing. It should be mentioned indicatively that during FY 2007, SPRIDER STORE Likovrisi contributed 1.7% of total consolidated sales.
The Group with another press release will brief investors for any relevant development.
The point of sales was fully insured, concerning fixed assets involved as well as merchandise placed within the store. SPRIDER STORES Group intends to re - operate the store as soon as possible. The reconstruction works will begin soon and are expected to be concluded within the next two months.
The above development will not affect Group earnings and financial standing. It should be mentioned indicatively that during FY 2007, SPRIDER STORE Likovrisi contributed 1.7% of total consolidated sales.
The Group with another press release will brief investors for any relevant development.