AIM Schedule One - DP Poland PLC (4199J)
December 22 2020 - 3:00AM
UK Regulatory
TIDMDPP
RNS Number : 4199J
AIM
22 December 2020
ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION
IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM
RULES")
COMPANY NAME:
DP Poland plc ("DP Poland" or the "Company")
COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY
TRADING ADDRESS (INCLUDING POSTCODES) :
Registered Office:
Elder House St Georges Business Park 207 Brooklands Road
Weybridge
Surrey
United Kingdom
KT13 0TS
Company Trading Address:
ul S omińskiego 19
lok. 508
00-195 Warsaw
Poland
COUNTRY OF INCORPORATION:
United Kingdom
COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED
BY AIM RULE 26:
www.dppoland.com/2015/aim-26-data/
COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR,
IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING
POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE
TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:
DP Poland proposes to acquire the entire issued of Dominium
S.A ("Dominium"), a Polish pizza restaurant group (the "Acquisition").
The Acquisition constitutes a reverse takeover under Rule 14
of the AIM Rules, and is conditional on approval by Shareholders
at a General Meeting.
On 19 October, DP Poland announced that approval had been received
from the Polish Office of Competition and Consumer Protection,
UoKIK, in respect of the Acquisition.
DP Poland
Domino's Pizza is operated in Poland by DP Polska S.A., a Polish
registered company which is wholly owned by DP Poland plc.
DP Polska holds the master franchise agreement to own, operate
and franchise Domino's stores in Poland.
The Company currently operates 69 stores, of which 50 are corporately
run and 19 under sub-franchise agreements. Stores are typically
located in high population density areas and offer a broad
range of pizza, freshly prepared in store that can be delivered
within 25 minutes of an order being received.
Dominium
Dominium operates a total of 57 pizza restaurants across Poland
with 698 employees. Restaurants offer eat-in and takeaway services,
and are categorised as standard (32), shopping mall (23), or
franchise (2).
More than one third of the restaurants are located in the capital,
and Dominium has a presence in other major cities in Poland:
21 in Warsaw, 5 in Krakow (with 4 in shopping malls), 2 in
each of Katowice, Lublin, Torun and Wroclaw, and a further
23 in other towns and cities in Poland. The majority of revenue
has historically been generated from eat-in business.
The Enlarged Group
The Acquisition will almost double the number of stores within
DP Poland's existing portfolio and provide a basis for further
expansion and market penetration in new cities and towns.
DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS
AS TO TRANSFER OF THE SECURITIES (i.e. where known, number
and type of shares, nominal value and issue price to which
it seeks admission and the number and type to be held as treasury
shares):
Ordinary Shares of 0.5 pence each ("Ordinary Shares") for which
Admission will be sought: 581,485,754
Issue price per Ordinary Share: 8 pence
There are no restrictions as to the transfer of Ordinary Shares
No Ordinary Shares to be held in treasury
CAPITAL TO BE RAISED ON ADMISSION (AND/OR SECONDARY OFFERING)
AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:
Total capital to be raised on Admission: GBP5.2 million
Primary funds raised: GBP3.5 million
Secondary sell down: GBP1.7 million
Anticipated market capitalisation on Admission: GBP46.5 million
PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:
47.5%
DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH
THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE
OR WILL BE ADMITTED OR TRADED:
N/A
FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS
(underlining the first name by which each is known or including
any other name by which each is known):
Current Directors:
To remain on the board in their current roles post Admission:
Nicholas John Donaldson Non-Executive Chairman
Robert Nicholas Lutwyche Morrish Non-Executive Director
To step down from the board prior to Admission:
Christopher Humphrey Robertson Non-Executive Director
Moore
Gerald William Ford Non-Executive Director
Proposed Directors:
Piotr Józef Dzier ek Chief Executive Officer
Przemys aw G bocki Non-Executive Director
Jakub Mi osz Chechelski Non-Executive Director
FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED
AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER
ADMISSION (underlining the first name by which each is known
or including any other name by which each is known):
Shareholder Interest prior Interest
to Acquisition Post Admission
(%) (%)
Malaccan Holdings Limited 0.0 45.0
---------------- ----------------
Pageant Holdings 17.7 9.4
---------------- ----------------
Fidelity Management & Research 9.8 8.4
---------------- ----------------
Canaccord Genuity Wealth
Management 12.2 6.2
---------------- ----------------
NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE
2, PARAGRAPH (H) OF THE AIM RULES:
N/A
(i) ANTICIPATED ACCOUNTING REFERENCE DATE
(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION
DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited
interim financial information)
(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS
PURSUANT TO AIM RULES 18 AND 19:
(i) 31 December
(ii) DP Poland: Unaudited interim accounts for the six months
ended 30 June 2020;
Dominium: Unaudited interim accounts for the six months ended
30 June 2020; and
(iii) 30 June 2021 (Audited annual accounts for the period
ended 31 December 2020);
30 September 2021 (unaudited interim accounts for the six months
ended 30 June 2021); and
30 June 2022 (audited annual accounts for the 12 months ended
31 December 2021)
EXPECTED ADMISSION DATE:
8 January 2020
NAME AND ADDRESS OF NOMINATED ADVISER:
N+1 Singer
1 Bartholomew Lane
London EC2N 2AX
NAME AND ADDRESS OF BROKER:
N+1 Singer
1 Bartholomew Lane
London EC2N 2AX
OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE
(POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE
AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL
DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:
www.dppoland.com
THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO
APPLY
QCA Corporate Governance Code
DATE OF NOTIFICATION:
21 December 2020
NEW/ UPDATE:
NEW
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
PAAUAOVRROUUUAA
(END) Dow Jones Newswires
December 22, 2020 03:00 ET (08:00 GMT)
Dp Poland (LSE:DPP)
Historical Stock Chart
From Jun 2024 to Jul 2024
Dp Poland (LSE:DPP)
Historical Stock Chart
From Jul 2023 to Jul 2024
