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DFM announces AED 184m direct deal on Damac

DFM announces AED 184m direct deal on Damac
The direct deal was implemented on 147.553 million shares
Damac
DAMAC
0.81% 1.25 0.01

Dubai – Mubasher: Dubai Financial Market (DFM) has recorded an AED 184.441 million direct deal executed on the shares of DAMAC Properties.

The direct deal was implemented on 147.553 million shares at a price of AED 1.25 per share, according to a bourse filing on Monday.

It is noteworthy to mention that during the first half (H1) of 2021, the company reported a 25% decline in net losses to AED 290.6 million, down from AED 386.7 million in H1-20.