Depa Limited
Headline : Depa Limited expiry of one year lock-up period
Dubai, 8 April 2008 - Depa Limited (“Depa” or the “Company”), one of the world’s largest interior contractors, today announces the expiry of its one year lock-up period. At the time of the IPO, Depa as the Issuer, agreed to a one year lock-up on the issue, offer, sale and related activities as outlined in the IPO prospectus. This lock-up period ends on 23 of April 2009.
These locked-up shares represent 65% of total locked-up shares and 37% of total outstanding shares. The earlier locked-up shares were released on 19 October 2009.
For further information, please contact:
Depa Limited
Noor Sweid
Managing Director, Strategy
Tel: +971 4 224 3800
noor.sweid@depa.com
Brunswick Gulf Ltd
Azadeh Varzi
avarzi@brunswickgroup.com
Tel: + 971 4 365 8260
