REG - DP Poland PLC - Issue of Options, Exercise of Options & TVR

DP PolandAnnouncement

10/11/2022 16:15

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RNS Number : 0391G  DP Poland PLC  10 November 2022

10 November 2022

DP Poland plc

("DP Poland" or the "Company")

Issue of Options, Exercise of Options & TVR

DP Poland, the operator of pizza stores and restaurants across Poland and
Croatia, announces certain dealings in its shares as detailed below.

Issue of Options

The Company has granted 9,333,333 share options over ordinary shares of 0.5
pence each in the Company ("Share Options") under the new stock option plan
announced on 15 June 2022 ("SOP") to certain board members/employees as
follows:

 Name              Position                 Number of Share Options granted  Options as a % of Issued Share capital following Admission (as defined below)
 Jeremy Dibb       Non-Executive Director   1,000,000                        0.1%
 Piotr Dzierzek    Deputy CEO               3,500,000                        0.5%
 Maciej Jania      Head of Revenue          3,500,000                        0.5%
 Patrycja Venulet  Chief Marketing Officer  2,333,333                        0.3%

 

The Share Options issued to Jeremy Dibb will vest subject to time on the same
basis outlined below.

Of the Share Options issued to Piotr Dzierzek, Maciej Jania and Patrycja
Venulet, 50% will time vest and 50% will vest subject to meeting certain
performance indicators being met or exceeded.

Of the time-vesting portion of the Share Options, 25% vest 12 months from the
date of the SOP announcement on 15 June 2022 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.

The exercise price of the Share Options granted is 8 pence per share.

Exercise of Options

The Company also announces that it has issued 520,231 ordinary shares of 0.5
pence each in the Company ("Ordinary Shares") pursuant to an exercise of
options by Christopher Moore, previous Non-Executive Director and Maciej
Jania, Head of Revenue.

Application has been made to the London Stock Exchange for 520,231 new
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 15
November 2022.

Total Voting Rights

Following Admission, the Company's total issued share capital will be
712,393,662 Ordinary Shares.  The Company does not hold any shares in
treasury. Therefore, the total number of voting rights in the Company will be
712,393,662.

This figure of 712,393,662 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
 Nils Gornall, CEO

 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, has the exclusive right to develop, operate and sub-franchise
Domino's Pizza stores in Poland and Croatia. The group operates over 120
stores and restaurants throughout cities and towns in Poland and Croatia.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Jeremy Dibb
 2    Reason for the notification
 a)   Position/status                                              Non-Executive Director
 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 0.5 pence each

      Identification code                                          GB00B3Q74M51
 b)   Nature of the transaction                                    Grant of Options
 c)   Price(s) and volume(s)                                         Price(s)    Volume(s)
                                                                   nil           1,000,000

 
 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      8 November 2022
 f)   Place of the transaction                                     Off Market

 

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

8 November 2022

f)

Place of the transaction

Off Market

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Piotr Dzierzek
 2    Reason for the notification
 a)   Position/status                                              Deputy Chief Executive Officer
 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 0.5 pence each

      Identification code                                          GB00B3Q74M51
 b)   Nature of the transaction                                    Grant of Options
 c)   Price(s) and volume(s)                                         Price(s)    Volume(s)
                                                                   nil           3,500,000

 
 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      8 November 2022
 f)   Place of the transaction                                     Off Market

 

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

8 November 2022

f)

Place of the transaction

Off Market

 

 

 

 

 

 

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