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Sequence No: 15/2017
ISIN: AEDFXA0NFP81PUBLISHED ON AUGUST 01, 2017 BY DEPA LIMITED
1 August 2017; Dubai, UAE: Depa Limited (“Depa”), the leading global interior solutions group, announces a Connected Person transaction.
On 31 July 2017, Depa received notification from Union Insurance Company SPC, a shareholder, of its sale of Depa shares.
SUMMARY OF TRANSACTION
|
No. of Shares Sold |
Date Sold |
Share Price (USD) |
Class of Shares |
Proportion of Issued Shares Held Before Transaction (%) |
Proportion of Issued Shares Held Post Transaction (%) |
Total No. of Shares Held |
|
71,364,014 |
27 July 2017 |
0.37 |
Ordinary |
11.98 |
0.37 |
2,268,082 |
|
2,268,082 |
30 July 2017 |
0.37 |
Ordinary |
0.37 |
Nil |
Nil |
Depa has a total issued share capital of 614,726,448 ordinary shares and outstanding ordinary shares in issue of 607,860,365.
For further information, please contact:
Depa Limited Tel: + 971 4 446 2100
David Holiday
Group Chief Legal Officer & Company Secretary
For more information, please refer to the corporate website: www.depa.com
Notes to editors:
Depa is a strategic management company specialising in global interior solutions. Depa’s four Key Business Units hold leading positions in their respective markets: Design Studio, Vedder, Depa Interiors Group and Deco Group. Employing thousands of people worldwide, the Group’s operations are centred on three regional hubs: Asia, Europe and the Middle East.
Depa’s mission, shared by each of its Key Business Units, is to deliver sustainability, profitability and performance for our clients, shareholders and employees. The Group’s five core values are integral to everything Depa does: transparency, integrity, accountability, professionalism and exceptional service.
Depa Limited is listed on the Nasdaq Dubai (DEPA:DU) and is headquartered in Dubai, United Arab Emirates.
Disclaimer: Nasdaq Dubai is not responsible for the content of issuer disclosures. Issuer disclosures remain subject to DFSA rules.
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