DP World unveils prospectus for UK listing
Dubai, May 26, 2011
DP World, one of the largest marine terminal operators in the world, has published its prospectus in connection with its share listing on the London Stock Exchange.
It is anticipated that, subject to the approval of the UK listing authority, trading will begin on June 1.
DP World believes that a dual listing between the London Stock Exchange and Nasdaq Dubai will help attract a broader range of investors.
With a track record of over three years as a listed Company, DP World already supports corporate governance standards that are required for a premium listing on the London Stock Exchange.
“As the only listed global port operator, DP World provides investors with a unique opportunity to invest in the long term growth opportunities in the industry, exposure to faster growing emerging markets and to invest in a Company at the heart of global trade,” stated Sultan Ahmed Bin Sulayem, chairman, DP World.-TradeArabia News Service