Director/PDMR Shareholding

RNS Number : 4428E

Domino's Pizza UK & IRL PLC

06 April 2011

 



Domino's Pizza UK & IRL plc "the Company"

6 April 2011

For immediate release

Director/PDMR Shareholding

Domino's Pizza UK & IRL plc (the "Company") announces it has received notice of an interim charging order granted by the High Court of Justice, Queen's Bench Division, Commercial Court (the "Interim Charging Order") in respect of certain of the ordinary shares of 1.5625 pence each in the capital of the Company (the "Ordinary Shares") held by HS Real Company LLC ("HS Real").

HS Real is a company owned by a discretionary trust, the beneficiaries of which are the adult children of Colin Halpern (the Non-Executive Vice-Chairman of the Company). Colin Halpern is also the Managing Director of HS Real. The Interim Charging Order relates to 4,757,900 Ordinary Shares held by HS Real.

The Interim Charging Order was applied for by Spring Finance Limited ("Spring Finance"). Spring Finance is seeking to enforce a judgment debt in the amount of £2,224,375.77 (together with further interest that may become due on that amount and the costs of applying for enforcement of the judgment debt). Based on the Company's share price at close of business on 5 April 2011, the judgment debt is for an amount of approximately one tenth of the value of HS Real's total shareholding (0.3% of the total Company's shares), and is in respect of a dispute unrelated to the Company. The Interim Charging Order prohibits the transfer of any of the Ordinary Shares held by HS Real or the payment of any dividend, interest or redemption by the Company relating to them. We understand that HS Real is seeking to discharge the Interim Charging Order.  That hearing is scheduled for 10 May 2011.

Enquiries:

Domino's Pizza UK & IRL plc

Lee Ginsberg, Chief Financial Officer                       01908 580604

 

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