Notice of Extraordinary General Meeting

RNS Number : 7104R

DP Eurasia N.V

10 March 2021

 

For Immediate Release

10 March 2021

DP Eurasia N.V.

("DP Eurasia" or the "Company")

Notice of Extraordinary General Meeting

DP Eurasia (DPEU.L), the master franchisee of the Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia, announces that DP Eurasia will hold an Extraordinary General Meeting (the "EGM") on 21 April 2021, commencing at 14:00 pm (CEST).

The business of the EGM will be to consider and, if thought fit, approve certain resolutions including the appointment of Mr. Shyam S. Bhartia, Mr. Hari S. Bhartia and Mr. Pratik R. Pota as non-executive directors replacing Mr. Seymur Tari, Ms. Aksel Ş ahin and Mr. Neil Harper as shareholder representatives pursuant to the relationship agreement between the Company and Fides Food Systems Coöperatief U.A. ("Fides"). Fides is owned by Jubilant Foodworks Limited ("JFL") through its wholly owned subsidiary, Jubilant Foodworks Netherlands B.V.  Mr. Shyam S. Bhartia is founder and Chairman of JFL, Mr. Hari S. Bhartia is founder and Co-Chairman of JFL and Mr. Pota is the CEO and Wholetime Director of JFL.

On 1 February 2021, the Company announced the intended appointment of Mr. David Adams to the Board as Non-Executive Director during the 2021 AGM who will replace Mr Thomas Singer, the current Senior independent Non-Executive Director, who will retire from the Board at the end of the 2021 AGM. Since the Company will now hold this EGM on 21 April 2021, Mr Adams' appointment will be moved forward to the EGM.

As part of the COVID-19 measures taken by the Dutch government, the Act on temporary provisions in the field of expertise of the Ministry of Justice and Security in connection with the COVID-19 outbreak came into force on 24 April 2020 (the "Emergency Act"). In accordance with the provisions of the Emergency Act and to protect the health and safety of all our employees and our stakeholders, the EGM (a) can only be accessed by electronic means of communication, (b) shareholders and other persons entitled to attend the EGM will not have physical access and (c) voting can only take place by CREST or by appointing a proxy prior to the EGM.

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

Mr. Shyam S. Bhartia is currently a director of the following publicly quoted companies:

-  Jubilant Pharmova Limited

-  Chambal Fertilisers and Chemicals Limited

-  Jubilant Foodworks Limited

-  Jubilant Ingrevia Limited (in the process of listing its equity shares on BSE Limited and National Stock Exchange of India Ltd)

Mr. Hari S. Bhartia is currently a director of the following publicly quoted companies:

-  Jubilant Pharmova Limited

-  Shriram Pistons and Rings Limited

-  Jubilant Foodworks Limited

-  Jubilant Ingrevia Limited (in the process of listing its equity shares on BSE Limited and National Stock Exchange of India Ltd)

In the last five years, Mr. Hari S. Bhartia has also been a director of Jubilant Industries Limited. 

Mr. Pratik Pota is currently a director of Jubilant Foodworks Limited.

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

The notice of the EGM is available on the AGM/EGM section of the Group's website at www.dpeurasia.com and copies of the documents have also been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

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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