Notification of stock split and redenomination postponement
28th Mar 2010
Depa Limited (“Depa” or “the Company”) announces today that the stock split and redenomination from US Dollars to UAE Dirhams, planned by Depa and approved by shareholders on 15 March 2010, will now be postponed from the announced execution date of 30 March 2010. The stock split and redenomination will be conducted immediately prior to the migration of the NASDAQ Dubai processing platform to the Dubai Financial Market platform. The new record date will be confirmed to the market in a timely manner, pending confirmation of the platform migration.
For further inquiries, please contact:
Depa Limited
Noor Sweid
Tel: +971 4 224 3800
noor.sweid@depa.com
Brunswick Gulf Ltd
Azadeh Varzi
Tel: + 971 4 365 8260
avarzi@brunswickgroup.com