Wednesday 05, March 2014 by Robin Amlôt

Dana Gas reports increase in share capital from convertible Sukuk

In a statement to the Abu Dhabi Securities Exchange  (ADX), Dana Gas reported that it had received approval on 2 March for an increase in the company’s share capital of AED 85,256,403 (of 85,256,403 ordinary shares) arising out of the conversion of voluntary conversion notices received between 16-31 January amounting to $17,411,110 in convertible Sukuk.

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