Monday 21 May 2018

DP World completes share consolidation

Dubai, May 19, 2011

DP World, one of the largest marine terminal operators in the world, has completed a 1 for 20 share consolidation for all shareholders on the register prior to the commencement of trading today.

For shareholders with fractional entitlements, those fractions have been sold in the market and the cash proceeds from the sale will be returned to shareholders in the same way dividends are distributed via NIN accounts, Nasdaq Dubai members, custodians and brokers.

DP World is encouraging shareholders to check with their brokers or NIN accounts that they have received the correct number of shares.-TradeArabia News Service

Tags: UAE | transport | DP World | shipping | marine terminal operator | share consolidation |

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