DP World share consolidation completed

Published May 19th, 2011 - 08:54 GMT

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

DP World has successfully 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. Further information can be found on the Company’s website www.dpworld.com within the investor centre or by contacting your broker.

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Background information

DP World is one of the largest marine terminal operators in the world, the company constantly invests in terminal infrastructure, facilities and people, working closely with customers and business partners to provide quality services today and tomorrow, when and where customers need them. More...

DP World is one of the largest marine terminal operators in the world, the company constantly invests in terminal infrastructure, facilities and people, working closely with customers and business partners to provide quality services today and tomorrow, when and where customers need them.

Less...