Investor and Media Centre

Share repurchase programme - February

Mar 11 ,2009

Depa Limited
Headline : Share repurchase programme - February


Depa Limited (ticker DEPA) (‘Depa’ or ‘the Company’), one of the world’s largest interior contractors, today confirms that it has completed a further set of transactions of its Share Repurchase programme. Depa purchased a total of 3,259,257 shares between 1 and 28 February at an average price of USD 0.40. 

These transactions follow the Company’s announcement on 26 November 2008 of its intention to undertake a Share Repurchase programme during a period of 12 months from 27 November 2008, as the Company’s shareholders currently believe that the shares are significantly undervalued. Depa will be cancelling all shares bought back on a quarterly basis. 


For further inquiries, 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


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

COPYRIGHTS 2017. DEPA GROUP ALL RIGHTS RESERVEDDisclaimer