REG - DP Poland PLC - Grant of Options, Equity Issue, PDMR Dealing & TVR

DP PolandAnnouncement

01/03/2022 07:16

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RNS Number : 1196D  DP Poland PLC  01 March 2022

DP Poland plc

("DP Poland" or the "Company")

 

Grant of Options and Issue of Equity

PDMR Dealings

Total Voting Rights

 

DP Poland, the operator of pizza stores and restaurants across Poland,
announces that, on 28 February 2022 (the "Grant Date"), Nicholas Donaldson,
Non-Executive Chairman, and Robert Morrish, Non-Executive Director, were each
granted, 375,000 nil cost options over ordinary shares of 0.5 pence each in
the capital of the Company ("Options") respectively under the Company's
unapproved share option scheme. The Options vest on the third anniversary of
the Grant Date.

 

In addition, Gerald Ford and Christopher Moore, previous Non-Executive
Directors of the Company, were issued 187,500 and 375,000 ordinary shares of
0.5 pence each in the capital of the Company ("Ordinary Shares") respectively.

 

The grant of Options and issue of Ordinary Shares is in relation to
remuneration for services provided during the years ended 31 December 2019 and
31 December 2020, prior to the completion of the acquisition of Dominium in
January 2021, as detailed in the Company's admission document dated 21
December 2020. The number of Options granted and Ordinary Shares issued is
based on a price of 8 pence per share. The current Non-Executive Directors,
Nicholas Donaldson and Robert Morrish, have been granted Options rather than
Ordinary Shares for tax planning purposes.

 

As the grant of Options relates to remuneration for services provided in prior
years they are not performance based. Therefore, there are no performance
conditions attaching to the grant of these Options and there is no minimum
holding period.

 

Application has been made to the London Stock Exchange for 562,500 Ordinary
Shares to be admitted to trading on AIM ("Admission") and it is expected that
Admission will become effective on or around 8.00 a.m. on 7 March 2022.

 

Total Voting Rights

Following Admission, the Company's total issued share capital will be
620,375,578 Ordinary Shares.  The Company does not hold any shares in
treasury. Therefore, the total number of voting rights in the Company will be
620,375,578.

This figure of 620,375,578 Ordinary Shares may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Enquiries:

 

 DP Poland plc                                            Tel: +44 (0) 20 3393 6954
 Nick Donaldson, Non-Executive Chairman

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

 

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.

 

Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Nicholas Donaldson

 2    Reason for the notification

 a)   Position/status                                              Non-Executive Chairman / PDMR

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         DP Poland PLC

 b)   LEI                                                          213800LPZBU5RPY7A394

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Options over ordinary shares of 0.5 pence each

      Identification code                                          GB00B3Q74M51

 b)   Nature of the transaction                                    Issue of Options

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     nil               375,000

 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price

 e)   Date of the transaction                                      28 February 2022

 f)   Place of the transaction                                     Off market

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Robert Morrish

 2    Reason for the notification

 a)   Position/status                                              NED / PDMR

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         DP Poland PLC

 b)   LEI                                                          213800LPZBU5RPY7A394

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Options over ordinary shares of 0.5 pence each

      Identification code                                          GB00B3Q74M51

 b)   Nature of the transaction                                    Issue of Options

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     nil               375,000

 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price

 e)   Date of the transaction                                      28 February 2022

 f)   Place of the transaction                                     Off market

 

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