Dubai, UAE; 25 December 2013: Following recent media speculation, Depa Limited is not aware of any interest that Arabtec may have in increasing its stake in the Company. Depa Limited has not been approached and has no knowledge of Arabtec approaching its shareholders in this regard.
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About Depa Limited
Depa Limited is a leading interior contracting company in the Middle East, North Africa and Southeast Asia regions. Operating principally in the luxury fit-out industry, its main areas of business cover luxury hotels, infrastructure and public sector amenities such as hospitals and airports, high-end residential properties, retail outlets, as well as yachts. Depa is listed on the NASDAQ Dubai (ticker DEPA) and has Global Depositary Receipts on the regulated market for listed securities of the London Stock Exchange plc (ticker DEPA and DEPS).