Police in Cyprus say the head of the island nation's largest private media group has been shot dead outside his home.

Andy Hadjicostis, the 41-year-old director of the Dias Group, was killed late Monday central Nicosia.

No other information was immediately available about the attack.

Police said no one has been arrested.

The Dias Group runs the private Sigma television station, the conservative daily Simerini, a popular radio station and several magazines.