DP Eurasia N.V Shareholder Update (7632N)
October 01 2021 - 6:56AM
UK Regulatory
TIDMDPEU
RNS Number : 7632N
DP Eurasia N.V
01 October 2021
For Immediate Release 1 October 2021
DP Eurasia N.V.
("DP Eurasia" or the "Company", and together with its
subsidiaries, the " Group ")
DP Eurasia notes the announcement yesterday by Jubilant
Foodworks Netherlands B.V. ("Jubilant"), a wholly owned subsidiary
of Jubilant Foodworks Limited, that Jubilant intends to purchase up
to 24,973,787 ordinary shares of DP Eurasia at a price of 95 pence
per share ("Offer Price") via a reverse bookbuild ("RBB").
Jubilant's direct subsidiary, Fides Food Systems Coöperatief
U.A. ("Fides"), currently owns 47,697,882 ordinary shares of DP
Eurasia, representing approximately 32.81 per cent. of DP Eurasia's
issued share capital. The announcement notes that on completion of
the RBB, Jubilant and Fides will hold up to 49.99% of the issued
share capital of the Company.
The Board of DP Eurasia will continue to monitor events with
regards to the above announcement.
Enquiries
DP Eurasia N.V.
Selim Kender, Chief Strategy Officer &
Head of Investor Relations +90 212 280 9636
Buchanan (Financial Communications)
Richard Oldworth / Victoria Hayns / Tilly +44 20 7466 5000
Abraham / Verity Parker 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 789 stores (584 in Turkey, 192
in Russia, nine in Azerbaijan and four in Georgia as at 30 June
2021), and operates through its owned corporate stores (28%) and
franchised stores (72%). 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.
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