Dubai, UAE; 25 August 2014: Depa Limited (Nasdaq Dubai: Depa), one of the world’s leading interior contracting companies, would like to clarify that today’s statement from the Dubai Financial Services Authority suspending trading in Depa Ltd shares is due to technicalities concerning the composition of the Board and its committees which are not aligned with the Corporate Governance Principles set out in the DFSA’s Markets Rules. The Board is discussing these issues including the constitution of the board, the appointment of a permanent Chairman and membership of the Board committees, and will keep the market informed of its progress.
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For further enquiries, please contact:
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Depa Limited David Holiday Company Secretary Tel: +971 2 333 6615 David.Holiday@depa.com |
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