Shareholder Update

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	[phone]
Buchanan (Financial Communications)
Richard Oldworth / Victoria Hayns / Tilly Abraham / Verity Parker	[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 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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