DP Eurasia N.V Shareholder Update (7893P)
February 19 2021 - 11:20AM
UK Regulatory
TIDMDPEU
RNS Number : 7893P
DP Eurasia N.V
19 February 2021
For Immediate Release 19 February 2021
DP Eurasia N.V.
("DP Eurasia" or the "Company", and together with its
subsidiaries, the " Group ")
DP Eurasia notes the press releases published today by each of
Jubilant Foodworks Limited ("JFL"), the largest foodservice company
in India, and Fides Food Systems Coöperatief U.A. ("Fides")
announcing that JFL and its wholly owned subsidiary, Jubilant
Foodworks Netherlands B.V., have today entered into a purchase
agreement with Turkish Private Equity Fund II L.P. to fully acquire
Fides, which holds 32.81% of the ordinary share capital of DP
Eurasia, for a price of approximately GBP 24.80 million.
As set out in the TR-1 disclosure published by the Company
concurrent with the time of this announcement in accordance with
DTR 5.8.12R (2), Turkish Private Equity Fund II L.P. has confirmed
the disposal of its 32.81% shareholding in the Company.
As a result of the above transaction, JFL will become the
largest shareholder in DP Eurasia, holding 32.81% of the Company's
ordinary share capital.
This announcement contains inside information under UK MAR.
Enquiries
DP Eurasia N.V.
Selim Kender, Chief Strategy Officer &
Head of Investor Relations +90 212 280 9636
Buchanan (Financial Communications)
Richard Oldworth / Giles Stewart / Tilly +44 20 7466 5000
Abraham dp@buchanan.uk.com
Notes to Editors
DP Eurasia N.V. is the exclusive master franchisee of the
Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia. The
Company was admitted to the premium listing segment of the Official
List of the Financial Conduct Authority and to trading on the main
market for listed securities of the London Stock Exchange plc on 3
July 2017. The Company (together with its subsidiaries, the " Group
" ) is the largest pizza delivery company in Turkey and the third
largest in Russia. The Group offers pizza delivery and takeaway/
eat-in facilities at its 771 stores (550 in Turkey, 190 in Russia,
nine in Azerbaijan and four in Georgia as at 31 December 2020), and
operates through its owned corporate stores (29%) and franchised
stores (71%). The Group maintains a strategic balance between
corporate and franchised stores, establishing networks of corporate
stores in its most densely populated areas to provide a development
platform upon which to promote best practice and maximise
profitability. The Group has adapted the Domino's Pizza globally
proven business model to its local markets.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCSFDFMUEFSEFE
(END) Dow Jones Newswires
February 19, 2021 11:20 ET (16:20 GMT)
Dp Eurasia N.v (LSE:DPEU)
Historical Stock Chart
From Jul 2024 to Jul 2024
Dp Eurasia N.v (LSE:DPEU)
Historical Stock Chart
From Jul 2023 to Jul 2024