Investor and Media Centre

Depa Limited expiry of one year lock-up period

Apr 8 ,2009

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

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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