DPEU Dp Eurasia N.v.

TIDMDPEU

RNS Number : 7632N

DP Eurasia N.V

01 October 2021

 
 For Immediate Release   1 October 2021 
 

DP Eurasia N.V.

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

DP Eurasia notes the announcement yesterday 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").

Jubilant's direct subsidiary, Fides Food Systems Coöperatief U.A. ("Fides"), currently owns 47,697,882 ordinary shares of DP Eurasia, representing approximately 32.81 per cent. of DP Eurasia's issued share capital. The announcement notes that on completion of the RBB, Jubilant and Fides will hold up to 49.99% of the issued share capital of the Company.

The Board of DP Eurasia will continue to monitor events with regards to the above announcement.

Enquiries

 
 DP Eurasia N.V. 
 Selim Kender, Chief Strategy Officer & 
  Head of Investor Relations                  +90 212 280 9636 
 
 Buchanan (Financial Communications) 
 Richard Oldworth / Victoria Hayns / Tilly    +44 20 7466 5000 
  Abraham / Verity Parker                      dp@buchanan.uk.com 
 
 

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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October 01, 2021 06:56 ET (10:56 GMT)

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