Published: Jan 13, 2026 01:33:56 PM
Sequence No.: 2
ISIN: AEDFXA0NFP81

Depa PLC (“Depa”), the leading global interior solutions group, announces that, pursuant to the DFSA Market Rules, it has received Connected Person filings (the “Filings”) from certain Connected Persons (listed below) in relation to its recent pro-rata rights issue of 2,438,518,519 new Ordinary A Shares, each for cash consideration of AED 0.27 per share (the “Rights Issue”).

A summary of the Filings received is set out below. 

SUMMARY OF TRANSACTIONS

Connected Person	Role	Number of Shares Acquired	Date Acquired	Date of Filing	Share Price (AED)	Class of Shares	Total Ownership percentage of Total Issued Share Capital* Before Transaction (%)	Total Ownership Percentage of Total Issued Share Capital* Post Transaction (%)	Total No. of Shares Held
The Public Investment Fund	Shareholder holding more than 5% of Depa's voting rights	1,551,938,249	7 January 2026	8 January 2026	0.27	Ordinary A Shares	54.81	60.47	2,301,938,249
Al Futtaim Capital LLC	Shareholder holding more than 5% of Depa's voting rights	337,937,345	7 January 2026	8 January 2026	0.27	Ordinary A Shares	11.93	13.17	501,251,194
Marwan Shehadeh	Director of Depa	2,897,840	7 January 2026	8 January 2026	0.27	Ordinary A Shares	0.12	0.12	4,518,938
David Holiday	Senior Management of Depa	Nil	N/A	8 January 2026	N/A	N/A	0.04	0.01	548,122
Hugh Bigley	Senior Management of Depa	Nil	N/A	9 January 2026	N/A	N/A	0.004	0.001	55,268
Ali Katkhada	Senior Management of Depa	Nil	N/A	8 January 2026	N/A	N/A	0.002	0.001	27,120

 

*Total Issued Share Capital calculated based on total number of issued shares which include Ordinary Shares, Ordinary A Shares and Treasury Shares.

There has been no change in the number or percentage of Ordinary Shares held by Connected Persons as a result of the Rights Issue.

Depa has a total issued share capital of USD 247,384,290 in nominal value (Ordinary and Ordinary A Shares).

For further information, please contact:

Depa PLC

Email: [email protected]

Nader Mardini, Group Chief Financial Officer
David Holiday, Company Secretary

For more information, please refer to the corporate website: www.depa.com.

Depa is a strategic management company specialising in premium global interior solutions. Depa’s four key business units hold leading positions in their respective markets: Depa Interiors, Deco, Carrara and Vedder. Employing thousands of people worldwide, the Group’s operations are centred on two regional hubs: Europe and the Middle East.

Depa’s mission, shared by each of its key business units, is to deliver sustainability, profitability and performance for its clients, shareholders and employees. The Group’s five core values are integral to everything Depa does: transparency, integrity, accountability, professionalism and exceptional service.

Ordinary Shares – DEPA:DU, and Ordinary A Shares – DEPACLA:DU)  and is headquartered in the Kingdom of Saudi Arabia.

Cautionary statement:

This document may contain certain 'forward-looking statements' with respect to Depa's financial condition, results of operations and business and certain of Depa's plans and objectives with respect to these items. By their very nature, forward-looking statements are inherently unpredictable, speculative and involve risk and uncertainty because they relate to events, and depend on circumstances, which may occur in the future. There are several factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. All written or verbal forward-looking statements, whether made in this document or made subsequently, which are attributable to Depa or any other member of the Group or persons acting on their behalf are expressly qualified on this basis. Depa does not intend to update any such forward-looking statements.

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