Result of Open Offer

RNS Number : 8990W

DP Poland PLC

06 February 2012

 



DP Poland plc

 ("DP Poland" ,"DPP", "the Company")

Result of Open Offer to raise up to £1 million

DP Poland plc holds the exclusive rights to develop and operate Domino's Pizza stores in Poland, through its wholly owned subsidiary DP Polska SA.

On 23 December 2011, the Board of DPP announced details of a Placing and Open Offer in which it had conditionally raised net proceeds of GBP2.58 million by means of a Placing through the issue of 4,583,334 Placing Shares at 60p per share and also, to provide shareholders who had not taken part in the Placing with an opportunity to invest in the Company. The Company was providing all qualifying shareholders with the opportunity to subscribe, also at 60p per share, for an aggregate of up to 1,666,667 Open Offer Shares.

The Open Offer has now closed in accordance with its terms and DPP is pleased to announce that it has received valid acceptances under the Open Offer in respect of 1,076,080 Open Offer Shares from Qualifying Shareholders, which represents a take-up of approximately 64.56% of the total Open Offer Shares being offered.

Application has been made for the 1,076,080 New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 7 February 2012.

Terms defined in the Circular published by the Company on 23 December 2012 shall have the same meaning in this announcement unless the context requires otherwise.

Peter Shaw, Chief Executive, said:

"We are very pleased with the level of Open Offer take up, which demonstrates the strength of ongoing and widening support for our strategy."

In conformity with rule 5.6.1 of Disclosure and Transparency Rules, the Board of the Company notifies the market of the following:

The total number of ordinary shares of 0.5p each in DPP in issue as at the date of this notice is 25,437,986 with each share carrying the right to one vote. There are no shares held in Treasury. The total number of voting rights in the Company is therefore 25,437,986. The above figure 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, DPP under the FSA's Disclosure and Transparency Rules.

6 February 2012

Enquiries:

DP Poland plc	020 3393 6854
Peter Shaw, Chief Executive
College Hill	020 7457 2020
Matthew Smallwood
Justine Warren
Seymour Pierce	020 7107 8000
Guy Peters/Catherine Leftley - Corporate Finance
David Banks/Jacqui Briscoe - Corporate Broking

 

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