Wednesday, June 1, 2011
DP WORLD ADMISSION TO TRADING ON THE LONDON STOCK EXCHANGE
Dubai, United Arab Emirates / London, United Kingdom - Wednesday, June 1st 2011 [ME NewsWire]
This announcement is an advertisement and not a prospectus. Investors should not purchase any transferable securities referred to in this announcement except on the basis of information in the prospectus published by DP World Limited in connection with the admission of its ordinary shares to the official list of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities.
DP World Limited (DP World or the “Company”) is pleased to announce that its shares have today been admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange’s main market for listed securities.
There was no new capital raised as part of the listing on the London Stock Exchange. The aim is to provide an additional platform to invest in DP World shares to help attract a broader range of investors. DP World shares will also continue to trade under DP World's existing listing on Nasdaq Dubai with its shares being fully fungible across both exchanges.
Sultan Ahmed Bin Sulayem, Chairman of DP World commented:
“Today marks another milestone in our history as DP World becomes the first Dubai Company to obtain a Premium listing on the London Stock Exchange. This is a very proud day for the Board and Management of DP World.”
Mohammed Sharaf, Chief Executive Officer commented:
”DP World is the only listed global port operator and we are delighted to be listed on the London Stock Exchange offering more investors the opportunity to invest in our unique company.”
- END –
This announcement is not an offer of securities. Within the United Kingdom this announcement is directed only at investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005)) or any other person to whom it may otherwise lawfully be made under such Order (all such persons together being referred to as “relevant persons”). Accordingly, in the United Kingdom, this announcement must not be acted on or relied on by persons who are not relevant persons and any investment or investment activity to which this communication relates is available to, and will be engaged in with, only relevant persons. Within the Dubai International Financial Centre this announcement is directed only at professional clients (as defined in rule 2.3.2(2) of the Conduct of Business Module of the Dubai Financial Services Authority's Rulebook) or any other person to whom it may otherwise lawfully be made under the Rulebook; no person who does not qualify as a professional client under this definition should act upon it.
Photo Caption:
Image 1: UAE Ambassador to the UK, HE Abdul Rahman Ganem Al Mataiwe’e, DP World Chairman Sultan Ahmed Bin Sulayem, Joint Vice Chairman Jamal Majid Bin Thaniah, CEO Mohammed Sharaf, CFO Yuvraj Narayan, Kevin Milne, Director of London Stock Exchange, company officials and advisors at the ceremony to mark the listing of DP World on the London Stock Exchange, counting down to the opening of trading.
Contacts
Investors:
Fiona Piper
DP World
Tel: +44 (0) 7919 175602
Joint Sponser to DP World:
Citi
David James / Simon Lindsay
Tel: +44 207 986 4000
Joint Sponser to DP World:
Deutsche Bank
Iain Macleod / Ben Lawrence
Tel: +44 (0) 20 7545 8000
Media:
Sarah Lockie / Natasha Bukhari
DP World
Tel: + 971 (0) 4 8080 741
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