Investor and Media Centre

CLARIFICATION ON SHARE TRADING SUSPENSION

Aug 25 ,2014

 

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:

Depa Limited

David Holiday

Company Secretary

Tel:  +971 2 333 6615

David.Holiday@depa.com

Brunswick Gulf Ltd

Rupert Young / Jade Mamarbachi

Tel: + 971 4 446 6270

depa@brunswickgroup.com

CONTACT US

Depa Group, Vision Tower,
35th Floor, P.O. Box 56338,
Dubai, U.A.E.
T: +9714-446-2100
F: +9714-446-2102
info@depa.com

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