Depa PLC (“Depa”), the leading global interior solutions group, today announces that Mr. Edward Quinlan has stepped down as an independent non-executive Board Member, member of the Nomination & Remuneration Committee, and Chairman of the Audit & Compliance Committee. This change was effective as at the closure of the Company`s Annual General Meeting on 3 June 2024.
Mr. Muteb Al Shathri, Chairman of Depa PLC, said: “Mr. Edward Quinlan played an invaluable role during his tenure and on behalf of the Board, I thank him for his service and wish him well for the future.”
Depa PLC
Tel: + 971 4 821 6666
David Holiday, Group Chief Legal Officer and Company Secretary
For more information, please refer to the corporate website: www.depa.com
Notes to editors:
Depa is a strategic management company specializing in premium global interior solutions. Depa’s three key business units hold leading positions in their respective markets: Vedder, Depa Interiors, and Deco Group. Employing thousands of people worldwide, the Group’s operations are centered on two regional hubs: Europe and the Middle East.
Depa’s mission, shared by each of its key business units, is to deliver sustainability, profitability, and performance for its clients, shareholders, and employees. The Group’s five core values are integral to everything Depa does: transparency, integrity, accountability, professionalism, and exceptional service.
Depa PLC is listed on the Nasdaq Dubai (DEPA: DU and DEPACLA: DU) and is headquartered in the Kingdom of Saudi Arabia.
Cautionary statement:
This document may contain certain 'forward-looking statements' with respect to Depa's financial condition, results of operations and business, and certain of Depa's plans and objectives with respect to these items. By their very nature, forward-looking statements are inherently unpredictable, speculative, and involve risk and uncertainty because they relate to events, and depend on circumstances, which may occur in the future. There are several factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. All written or verbal forward-looking statements, whether made in this document or made subsequently, which are attributable to Depa or any other member of the Group or persons acting on their behalf are expressly qualified on this basis. Depa does not intend to update any such forward-looking statements.
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