Notification of Transaction by a DirectorMay 01, 2008
Notification of Transaction by a Director
On 1 May 2008, Depa Limited (“Depa” or “the Company”) received notification from Mr. Mohannad Sweid as follows:
On 29 April 2008, Mr. Mohannad Sweid acquired 500,000 shares in the Company, at a price of $1.36 each; 100,000 shares at a price of $1.37 each and 50,000 shares at a price of $1.39 each.
On 30 April 2008, Mr. Mohannad Sweid acquired 200,000 shares at a price of $1.40 each.
Following this acquisition, Mr. Mohannad Sweid is now interested in the following number of Depa ordinary shares: 10,865,780 ordinary shares representing 1.74% of the issued share capital. This is an increase from 1.6% of the company, or 10,015,780 shares, at the time of the Company’s IPO.
For further information, please contact:
+971 4 224 3800
Mohannad Sweid, Chief Executive Officer
Noor El Solh, Managing Director of Strategy
Eyad Abdelrahim, Managing Director of Finance
DIFX is not responsible for the content of issuer disclosures.
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