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English news

25-May-2016

DPR rights issue 1.25x oversubscribed on 23 May; subscription period closes today

Dubai Parks and Resorts (DPR) has announced that the total subscription for its AED1.68bn rights issue amounted to AED2.1bn as of the end of the trading day on 23 May. Right holders have till today, 25 May, to exercise their rights to subscribe to the new shares. The allocation of the additional new shares shall be on a pro-rate basis, based on the number of new shares requested. (Company disclosure)

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