REG - DP Poland PLC - Result of Retail Offer

DP PolandAnnouncement

16/04/2024 07:00

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RNS Number : 7009K  DP Poland PLC  16 April 2024

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   Tel: +44 (0)20 7496 3000
 Coordinator)

 Shaun Dobson / Jen Boorer / Oliver Platts

 

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.

 

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