Grant of Options, Equity Issue, PDMR Dealing & TVR

RNS Number : 1196D

DP Poland PLC

01 March 2022

 

DP Poland plc

("DP Poland" or the "Company")

Grant of Options and Issue of Equity

PDMR Dealings

Total Voting Rights

DP Poland, the operator of pizza stores and restaurants across Poland, announces that, on 28 February 2022 (the "Grant Date"), Nicholas Donaldson, Non-Executive Chairman, and Robert Morrish, Non-Executive Director, were each granted, 375,000 nil cost options over ordinary shares of 0.5 pence each in the capital of the Company ("Options") respectively under the Company's unapproved share option scheme. The Options vest on the third anniversary of the Grant Date.

In addition, Gerald Ford and Christopher Moore, previous Non-Executive Directors of the Company, were issued 187,500 and 375,000 ordinary shares of 0.5 pence each in the capital of the Company ("Ordinary Shares") respectively.

The grant of Options and issue of Ordinary Shares is in relation to remuneration for services provided during the years ended 31 December 2019 and 31 December 2020, prior to the completion of the acquisition of Dominium in January 2021, as detailed in the Company's admission document dated 21 December 2020. The number of Options granted and Ordinary Shares issued is based on a price of 8 pence per share. The current Non-Executive Directors, Nicholas Donaldson and Robert Morrish, have been granted Options rather than Ordinary Shares for tax planning purposes.

As the grant of Options relates to remuneration for services provided in prior years they are not performance based. Therefore, there are no performance conditions attaching to the grant of these Options and there is no minimum holding period.

Application has been made to the London Stock Exchange for 562,500 Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective on or around 8.00 a.m. on 7 March 2022.

Total Voting Rights

Following Admission, the Company's total issued share capital will be 620,375,578 Ordinary Shares.  The Company does not hold any shares in treasury. Therefore, the total number of voting rights in the Company will be 620,375,578.

This figure of 620,375,578 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

DP Poland plc		Tel: [phone]
Nick Donaldson, Non-Executive Chairman
Singer Capital Markets (Nominated Adviser and Broker)		Tel: [phone]
Shaun Dobson / Will Goode / Amanda Gray

Notes for editors

About DP Poland plc

DP Poland, through its wholly owned subsidiary DP Polska S.A., has the exclusive right to develop, operate and sub-franchise Domino's Pizza stores in Poland. Following its acquisition of Dominium S.A., which constituted a reverse takeover under the AIM Rules for Companies, the group now operates over 100 stores and restaurants across a number of cities and towns in Poland.

Notification   and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicholas Donaldson
2	Reason for the notification
a)	Position/status	Non-Executive Chairman / PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	DP Poland PLC
b)	LEI	213800LPZBU5RPY7A394
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Options over ordinary shares of 0.5 pence each
	Identification code	GB00B3Q74M51
b)	Nature of the transaction	Issue of Options
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			nil	375,000
d)	Aggregated information
	- Aggregated volume	n/a
	- Price
e)	Date of the transaction	28 February 2022
f)	Place of the transaction	Off market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Robert Morrish
2	Reason for the notification
a)	Position/status	NED / PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	DP Poland PLC
b)	LEI	213800LPZBU5RPY7A394
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Options over ordinary shares of 0.5 pence each
	Identification code	GB00B3Q74M51
b)	Nature of the transaction	Issue of Options
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			nil	375,000
d)	Aggregated information
	- Aggregated volume	n/a
	- Price
e)	Date of the transaction	28 February 2022
f)	Place of the transaction	Off market

 

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