Intended NED Appointment

RNS Number : 4594N

DP Eurasia N.V

01 February 2021

 

For immediate release

1 February 2021

DP Eurasia N.V.

("DP Eurasia" or the "Company", and together with its subsidiaries, the " Group ")

Intended Appointment of a New Senior Independent Non-Executive Director

DP Eurasia (DPEU.L), the master franchisee of the Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia, is pleased to announce the intended appointment of Mr. David Adams to the Board as Senior Independent Non-Executive Director at the Company's 2021 AGM. David is an experienced Non-Executive Director with broad experience in Quick Service Restaurants and the Consumer Retail business, having served on Boards ranging from Fever Tree Drinks plc to Pizza Express UK. He holds an MA from Edinburgh University and a Diploma in Business Administration from the Scottish Business School.

David will join the Audit Committee, Remuneration Committee and Selection and Appointment Committee. David will be nominated for appointment at the AGM in June 2021 at which time Thomas Singer, the current Senior independent Non-Executive Director, will retire from the Board.

Peter Williams, Chairman of DP Eurasia, commented:

"I would like to take this opportunity to thank Tom for all his hard work and wise counsel over the four years he will have been on the Board of the Company.  He has been a very supportive member of the Board and has provided significant direction to the executive team through his chairmanship of both the Audit and Remuneration Committees.

"I am delighted we have attracted someone of David's calibre to the business.  He brings with him a wealth of board experience and I have no doubt he will make a valuable contribution as the Group continues to focus on growing the business."

DP Eurasia makes the following disclosures in accordance with Listing Rule 9.6.13:

Mr. Adams is currently a director of Thinksmart plc, a UK AIM quoted company.  

In the last five years, Mr. Adams has also been a director of the following publicly quoted companies:

1.  Halfords plc

2.  Debenhams plc

3.  Conviviality plc, which entered into Administration on 05 April 2018

4.  Fever Tree Drinks plc

5.  Hornby Plc

6.  Elegant Hotels plc

DP Eurasia confirms that no further disclosures are required pursuant to Listing Rule 9.6.13.

For additional details or further information, please contact Buchanan on [phone] / [e-mail] .

Enquiries

DP Eurasia N.V.
Selim Kender, Chief Strategy Officer & Head of Investor Relations	[phone]
Buchanan (Financial Communications)
Richard Oldworth / Giles Stewart / Tilly Abraham	[phone] [e-mail]

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 (568 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.

 

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