DP Poland PLC Results of General Meeting and Total Voting Rights (4348R)

TIDMDPP

RNS Number : 4348R

DP Poland PLC

28 February 2019

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, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

DP Poland plc

(the "Company")

Results of the General Meeting and Total Voting Rights

Results of the General Meeting

The Company is pleased to announce that at its General Meeting held earlier today (the "Meeting") all the resolutions set out in the Notice of the Meeting were passed by the requisite majority.

As a result, shareholders have granted the Company's directors the authority to allot and issue 96,666,666 new ordinary shares of 0.5 pence each in the capital of the Company for cash on a non-pre-emptive basis. This includes authority to allot and issue 8,333,333 new ordinary shares under the Broker Option granted by the Company to Peel Hunt (together the "New Ordinary Shares"). The allotment and issue of the New Ordinary Shares is in connection with the aggregate GBP5.8 million fundraising by the Company (before expenses) as more fully detailed in the circular sent to the Company's shareholders on 07 February 2019 ("Circular"), and the Company's announcements of 07 February 2019 and 14 February 2019. Unless otherwise defined, the terms used in this announcement have the meanings set out in the Circular.

Application has been made for the New Ordinary Shares to be admitted to trading on the AIM market of London Stock Exchange plc ("AIM"). Dealings on AIM are expected to commence at or around 8.00 a.m. on 1 March 2019 ("Admission"). Following Admission, the New Ordinary Shares will be issued and allotted credited as fully paid and will rank pari passu with the Company's existing Ordinary Shares, including the right to receive all dividends and other distributions declared, made or paid on or in respect of such shares after the date of issue.

Total Voting Rights

Following Admission, the issued share capital of the Company will comprise 249,488,797 ordinary shares, with the right to one vote per share. The Company does not hold any Ordinary Shares in treasury. With effect from Admission, this figure of 249,488,797 may be used by shareholders of the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.

Enquiries:

 
 DP Poland plc                             020 3393 6954 
 Peter Shaw, Chief Executive 
  www.dppoland.com 
 Peel Hunt LLP, NOMAD, Sole Broker and 
  Sole Bookrunner                          020 7418 8900 
 Adrian Trimmings / George Sellar / Guy 
  Pengelley 
 Hudson Sandler, Financial PR              020 7796 4133 
 Alex Brennan / Lucy Wollam

The person responsible for arranging the release of this Announcement on behalf of the Company is Peter Shaw, a director of the Company.

This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.

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.

END

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February 28, 2019 05:41 ET (10:41 GMT)

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