Back to all announcements

DJ Dana Group International Investments Re. Suspension

 
TIDMDANA 
 
Dana Group International Investments Limited 
 
                           ("DANA" or the "Company") 
 
                             Re. Share Suspension 
 
On 10th March 2020 prior to the opening of business, trading on NEX Exchange 
Growth Market (the "Market???) in the class A voting 
shares ("Shares") of DANA, the Dubai-based real property investment company, 
was suspended at the request of the Company's NEX Exchange Corporate Adviser 
("Adviser") after it had become apparent to the Adviser that there could be 
difficulty, in the event of trade in the Shares occurring, in transfers of 
Shares being certified against the register of members or, in the case of 
depository interests in Shares, in such interests being transferred via the 
CREST under the Uncertificated Securities Regulations 2001 (as amended). 
 
The position concerning transfers of Shares remains uncertain and the Company, 
through its Adviser, has requested NEX Exchange to continue to the suspension 
of the Shares pending a further announcement concerning the continuing 
Admission of the Company's Shares to the Market, which it is anticipated shall 
be made prior to the end of this month. 
 
Issued by Keith, Bayley, Rogers & Co. Limited on behalf of Dana Group 
International Investments Limited, 16th March 2020 
 
This announcement has been made after due and careful enquiry. 
 
Enquiries: 
 
Dana Group International Investments Ltd: 
 
Contact: tel: +971 (0)4 350 3555; e-mail: ir@dana-investments.com; further 
information on Dana Group International Investments Limited is available from 
the Company's website: www.dana-investments.com 
 
Keith, Bayley, Rogers & Co. Limited: 
 
Graham Atthill-Beck: tel: +44 (0)20 7464 4091; mobile: +971 (0)50 856 9408/+44 
(0)750 643 4107; e-mail: blackpearladvisers@gmail.com; 
Graham.Atthill-Beck@kbrl.co.uk 
 
Brinsley Holman: tel: +44 (0)20 7464 4098; e-mail: Brinsley.Holman@kbrl.co.uk 
 
 
 
END 
 

(END) Dow Jones Newswires

March 17, 2020 03:00 ET (07:00 GMT)