Abu Dhabi – Mubasher: The trading activity on Dana Gas shares will be halted on Wednesday, 25 September 2019, starting 11:00 am until the Abu Dhabi Securities Exchange (ADX) receives the results of Dana Gas’ board of directors meeting.
This decision was considered since the board meeting of Dana Gas will be held on 25 September and its timing coincides with the trading session at the stock market.
The resolution shall be circulated to the Securities and Commodities Authority (SCA), the concerned company, the ADX, and all brokers accredited by the ADX, according to a disclosure to the ADX on Sunday.
It is worth highlighting that during the first half of 2019, the ADX-listed firm’s net profit leaped to $140 million (AED 513 million) from $24 million (AED 88 million) in the year-ago period, a 483% year-on-year surge.
