REG - DP Poland PLC - Completion of Acquisition

DP PolandAnnouncement

29/07/2022 12:15

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RNS Number : 2946U  DP Poland PLC  29 July 2022

DP Poland plc

("DP Poland" or the "Company")

Completion of Acquisition

DP Poland, the operator of Domino's pizza stores and restaurants across
Poland, announces that, following the announcement on 15 June 2022, the
acquisition of the entire issued share capital of All About Pizza d.o.o,
trading as Domino's Croatia, is now complete.

The Company has entered into a Share Purchase Agreement to acquire All About
Pizza d.o.o for approximately £2.4 million to be satisfied by the issue of
29,787,234 Consideration Shares at 8 pence per share.

In addition, Andrew Rennie, has subscribed for 2,127,660 First Subscription
Shares, at a price of 8 pence per share, and will subscribe for a further
3,191,489 Second Subscription Shares, at a price of 8 pence per share, within
12 months following completion of the Transaction.

Admission of Consideration Shares and First Subscription Shares

It is expected that Admission of the 29,787,234 Consideration Shares and
2,127,660 First Subscription Shares to AIM  will occur and that dealing will
commence at 8.00 a.m. on 1 August 2022. The Consideration Shares and the First
Subscription Shares will rank pari passu with the existing ordinary shares of
0.5 pence each in the capital of the company ("Ordinary Shares").

Total Voting Rights

Following Admission, the Company will have 652,373,431 Ordinary Shares in
issue and no Ordinary Shares in treasury. Therefore, the total voting rights
in the Company will be 652,373,431. This figure may be used by shareholders as
the denominator for the calculation by which they may determine if they are
required to notify their interest in, or any change to their interest in, the
Company under the Disclosure Guidance and Transparency Rules of the Financial
Conduct Authority.

Unless otherwise defined, all capitalised terms used but not defined in this
announcement shall have the meaning given to them in the Proposed Acquisition,
Proposed Board Changes and Issue of Share Options announcement made by the
Company on 15 June 2022.

Enquiries:

 DP Poland plc                                                Tel: +48 22 654 64 15
 Przemyslaw Glebocki, Non-Executive Director

 Singer Capital Markets (Nominated Adviser and Broker)        Tel: +44 (0) 20 7496 3000
 Shaun Dobson / Will Goode / Amanda Gray / Oliver Platts

 

Notes for editors

About DP Poland plc

DP Poland, through its wholly owned subsidiary DP Polska S.A., has the
exclusive right to develop, operate and sub-franchise Domino's Pizza stores in
Poland. Following its acquisition of Dominium S.A., which constituted a
reverse takeover under the AIM Rules for Companies, the group now operates
over 100 stores and restaurants across a number of cities and towns in Poland.

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