DP Eurasia N.V Shareholder Update (7145P)
October 20 2021 - 10:55AM
UK Regulatory
TIDMDPEU
RNS Number : 7145P
DP Eurasia N.V
20 October 2021
For Immediate Release 20 October 2021
DP Eurasia N.V.
("DP Eurasia" or the "Company", and together with its
subsidiaries, the " Group ")
Further to the announcement by the Company on 1 October 2021
noting the announcement on 30 September 2021 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"), the Board of
DP Eurasia has appointed Liberum Capital Limited as financial
adviser to assist the Company in appraising the terms of the RBB,
both as to value and the implications for all shareholders.
The Company will provide an update in due course.
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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