REG - DP Poland PLC - Grant of Options

DP PolandAnnouncement

29/04/2024 12:30

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RNS Number : 4352M  DP Poland PLC  29 April 2024

DP Poland PLC

("DP Poland", the "Group" or the "Company")

 

Grant of Options

 

DP Poland, the operator of pizza stores and restaurants across Poland and
Croatia, announces a grant of share options over ordinary shares of 0.5 pence
each in the Company ("Share Options").

 

Issue of Options

 

The Company has granted 4,750,000 Share Options to certain employees and board
members under the employee share option plan at an exercise price of 8 pence
per Share Option. Share Options have been granted to the following Persons
Discharging Managerial Responsibility ("PDMRs"):

 

 PDMR           Position                 Number of Share Options Granted  % of Issued Share Capital (Following Admission)
 Nils Gornall   Chief Executive Officer  1,000,000                        0.1%
 Edward Kacyrz  Chief Financial Officer  500,000                          0.1%
 Jeremy Dibb    Non-Executive Director   500,000                          0.1%
 Stoffel Thijs  Non-Executive Director   1,250,000                        0.1%
 David Wild     Non-Executive Chairman   1,000,000                        0.1%

 

In respect of the Share Options issued to Nils Gornall and Edward Kacyrz, 50%
will time-vest and 50% will vest subject to certain performance indicators
being met or exceeded. Of the time-vesting portion, 25% vest 12 months from
1(st) January 2024 and 75% vest in 36 equal monthly instalments thereafter.
The Share Options linked to key performance indicators carry the performance
criteria of EBITDA which must be achieved annually over the vesting period and
total number of stores target.

 

Of the Share Options issued to Jeremy Dibb, Stoffel Thijs and David Wild, 100%
will time-vest. Of the time-vesting portion, 25% vest 12 months from 1(st)
January 2024 and 75% vest in 36 equal monthly instalments thereafter.

 

 

Enquiries:

DP Poland plc

Nils Gornall, CEO

Tel: +44 (0) 20 3393 6954

Email: ir@dppoland.com

 

Singer Capital Markets (Nominated Adviser and Broker)

Shaun Dobson / Jen Boorer

Tel: +44 (0) 20 7496 3000

 

Notes for editors

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.

 

 

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                                                         Nils Gornall

                                                                    Edward Kacyrz

                                                                    Jeremy Dibb

                                                                    Stoffel Thijs

                                                                    David Wild
 2     Reason for the notification
 a)    Position/status                                              Nils Gornall, Chief Executive Officer

                                                                    Edward Kacyrz, Chief Financial Officer

                                                                    Jeremy Dibb, Non-Executive Director

                                                                    Stoffel Thijs, Non-Executive Director

                                                                    David Wild, Non-Executive Chairman
 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  Ordinary Shares of 0.5p each

       Identification code                                          ISIN Code: GB00B3Q74M51
 b)    Nature of the transaction                                    Grant of options

 c)    Price(s) and volume(s)
                                                                                      Price(s)          Volume(s)
                                                                                      8 pence           Nils Gornall - 1,000,000

                                                                                                        Edward Kacyrz - 500,000

                                                                                                        Jeremy Dibb - 500,000

                                                                                                        Stoffel Thijs - 1,250,000

                                                                                                        David Wild - 500,000

 d)    Aggregated information
       - Aggregated volume                                          N/A - single transaction
       - Price
 e)    Date of the transaction                                      26(th) April 2024
 f)    Place of the transaction                                     Outside a trading venue

 

 

 

 

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