THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS
RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN
WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE
UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW
ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER
JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION
WOULD BE UNLAWFUL.
THE
COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR
MATERIALS RELATING TO THE RETAIL OFFER AS A FINANCIAL PROMOTION IS
ONLY BEING MADE TO, AND MAY ONLY BE ACTED UPON BY, THOSE PERSONS IN
THE UNITED KINGDOM FALLING WITHIN ARTICLE 43 OF THE FINANCIAL
SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS
AMENDED (WHICH INCLUDES AN EXISTING MEMBER OF DP POLAND PLC).
ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT
RELATES IS AVAILABLE ONLY TO SUCH PERSONS AND WILL BE ENGAGED IN
ONLY WITH SUCH PERSONS.
16 April 2024
DP Poland
plc
("DP
Poland", the "Group", or the "Company")
Result of Retail
Offer
Further to the announcement made by
the Company on 28 March 2024, DP Poland, the operator of pizza
stores and restaurants across Poland and Croatia, is pleased to
announce that it has raised gross proceeds of £1 million pursuant
to the Retail Offer which was oversubscribed with the Company
receiving orders of c.1.4 times the size of the Retail Offer. As a
result, the Company has conditionally raised a total of
approximately £20.5 million before expenses pursuant to the
Subscription, Placing and Retail Offer (together, the "Fundraise").
The Subscription, Placing and Retail
Offer remain subject to, inter
alia, the passing of certain Resolutions at a General
Meeting of the Company on 18 April 2024.
10,080,645 Ordinary Shares will be
issued as a result of the Retail Offer. In total, 206,653,224 New Ordinary Shares will be issued pursuant to the
Fundraise.
Application will be made for the
Subscription Shares, Placing Shares and Retail Offer Shares to be
admitted to trading on AIM and, subject to the passing of the
Resolutions, it is expected that Admission will become effective
and that dealings in the Subscription Shares, Placing Shares and
Retail Offer Shares will commence at 8.00 a.m. on 19 April
2024.
Related Party Transactions
Jeremy Dibb, Non-Executive Director,
has participated in the Retail Offer as shown below:
|
|
Number of Existing Ordinary
Shares
|
Percentage of existing
issued share capital
|
Number of New Ordinary
Shares subscribed for
|
Total number of Ordinary
Shares held on Admission
|
Percentage of Enlarged Share
Capital on Admission
|
|
Jeremy Dibb
|
752,295
|
0.11%
|
241,935
|
994,230
|
0.11%
|
The participation by Jeremy Dibb in
the Placing constitutes a related party transaction pursuant to
Rule 13 of the AIM Rules for Companies.
The directors (with the exception of
Jeremy Dibb who is involved in the transaction as a related party)
consider, having consulted with the Company's nominated adviser,
Singer Capital Markets Advisory LLP, that the terms of the
participation in the Retail Offer by Jeremy Dibb are fair and
reasonable insofar as Shareholders are concerned.
Capitalised terms used in this
announcement have the meanings given to them in the Circular posted
to shareholders on 2 April 2024.
For
further enquiries:
|
DP
Poland plc
Nils Gornall, Chief Executive
Officer
|
Tel: +44 (0)20 3393
6954
|
|
Singer Capital Markets (Nominated Adviser, Broker and Retail
Offer Coordinator)
Shaun Dobson / Jen Boorer / Oliver
Platts
|
Tel: +44 (0)20 7496 3000
|
About DP Poland plc
DP Poland has the exclusive right to
develop, operate and sub-franchise Domino's Pizza stores in Poland
and Croatia. The group operates 116 stores and restaurants
throughout cities and towns in Poland and Croatia.
Important Notices
The content of this announcement has
been prepared by, and is the sole responsibility of, the
Company.
This announcement and the
information contained herein is restricted and is not for
publication, release or distribution, directly or indirectly, in
whole or in part, in or into or from the United States (including
its territories and possessions, any state of the United States and
the District of Columbia, Australia, Canada, Japan, New Zealand,
the Republic of South Africa or any other jurisdiction where to do
so might constitute a violation of the relevant laws or regulations
of such jurisdiction.
The distribution of this
announcement may be restricted by law in certain jurisdictions and
persons into whose possession any document or other information
referred to herein comes should inform themselves about and observe
any such restriction. Any failure to comply with these restrictions
may constitute a violation of the securities laws of any such
jurisdiction.
Singer Capital Markets Securities
Limited ("Singer"), which
is authorised and regulated in the United Kingdom by the FCA is
acting exclusively for the Company and no-one else in connection
with the transactions and arrangements described in this
announcement and will not regard any other person (whether or not a
recipient of this announcement) as a client in relation to the
transactions and arrangements described in this announcement.
Singer is not responsible to anyone other than the Company for
providing the protections afforded to clients of Singer or for
providing advice in connection with the contents of this
announcement, or the transactions and arrangements described in
this announcement.
Singer Capital Markets Advisory LLP
("SCM Advisory"), which is
authorised and regulated in the United Kingdom by the FCA, is
acting as Nominated Adviser to the Company for the purposes of the
AIM Rules and no-one else in connection with the arrangements
described in this announcement and will not be responsible to any
other person (whether or not a recipient of this announcement) as a
client in relation to the transactions and arrangements described
in this announcement. SCM Advisory is not responsible to anyone,
other than the Company, for providing the protections afforded to
clients of SCM Advisory or for providing advice in connection with
the contents of this announcement or the transactions and
arrangements described herein. SCM Advisory's responsibilities as
the Company's Nominated Adviser under the AIM Rules for Nominated
Advisers published by the London Stock Exchange plc are owed solely
to the London Stock Exchange plc and are not owed to the Company or
to any director or to any other person.
Neither the content of the Company's
website (or any other website) nor the content of any website
accessible from hyperlinks on the Company's website (or any other
website) is incorporated into or forms part of this announcement.
The Retail Offer Shares to be issued or sold pursuant to the Retail
Offer will not be admitted to trading on any stock exchange other
than AIM.
