Louis plc announced that as a result of the measures taken, both in Cyprus and abroad, to combat the coronavirus epidemic, it has temporarily suspended its main business activities from 16 March 2020 until 30 April 2020 at the earliest. More specifically, it is noted that all of the Company's hotels, both in Cyprus and in Greece, will remain closed during this period whilst its cruise ships will remain anchored in the port of Piraeus. As a result of these developments, turnover in the above period will be almost zero.