Spidernet sets IPO deadline

SPIDERNET Services Ltd yesterday announced its Internet subscribers have only until May 30 to express interest in purchasing shares during the company’s initial public offering.

Spidernet said the decision for an early cut-off date followed the huge public interest in purchasing shares in the company.

Until May 30, subscribers can request to purchase shares on-line at www.IPO.SpiderNet.net. Hard copies of applications for share purchase will be sent to applicants immediately afterwards.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.