TIDMDPEU
RNS Number : 8605O
DP Eurasia N.V
03 June 2020
For Immediate Release 3 June 2020
DP Eurasia N.V.
("DP Eurasia" or the "Company")
Results of 2020 Annual General Meeting
DP Eurasia (DPEU.L), the master franchisee of the Domino's Pizza
brand in Turkey, Russia, Azerbaijan and Georgia, announces that at
its Annual General Meeting ('AGM') held today, 3 June 2020, all
resolutions set out in the Notice of the AGM were voted on a poll
and were passed by the requisite majorities. The poll results of
each resolution are set out in the table below:
Resolution No of votes % No of % Total of No of votes
in favour votes votes cast withheld
against (excluding
votes withheld)
3. Adoption of the
annual accounts 2019 98,560,959 100 0 0 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
4. Appropriation of
profit 98,560,959 100 0 0 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
6. Discharge Executive
Directors 98,560,959 100 0 0 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
7. Discharge Non-Executive
Directors 98,560,959 100 0 0 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
8. Annual remuneration
report 95,963,040 97,4 2,597,919 2,6 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
10. a. Approval to
amend the Long Term
Incentive Plan (LTIP)
and the Annual Deferred
Bonus Plan (ADBP)
to align with standard
UK practice 93,019,252 94,4 5,541,707 5,6 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
10. b. Approval to
designate the Board
as the body authorised
to resolve to issue
shares, to resolve
to grant rights to
subscribe for shares
and to resolve to
restrict or exclude
the pre-emptive rights
in relation to the
LTIP and ADBP 93,019,252 94,4 5,541,707 5,6 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
11. Reappointment
of Mr. A. Saranga
as Executive Director 97,681,333 99,1 879,626 0,9 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
12. Reappointment
of Ms. F. Slot as
Executive Director 89,596,764 90,9 8,964,195 9,1 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
13. Reappointment
of Mr. S. Tarı
as Non-Executive Director 92,480,690 93,8 6,080,269 6,2 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
14. Reappointment
of Mr. İ. Talu
as Non-Executive Director 92,008,589 93,4 6,552,370 6,6 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
15. Reappointment
of Ms. A. ahin as
Non-Executive Director 92,480,690 93,8 6,080,269 6,2 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
16. a. Reappointment
of Mr. P. Williams
by the general meeting 77,371,382 78,5 21,189,577 21,5 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
16. b. Reappointment
of Mr. P. Williams
by the general meeting
excluding the controlling
shareholder 29,673,500 58,3 21,189,577 41,7 50,863,077 0
------------ ----- ----------- ----- ----------------- ------------
17. a. Reappointment
of Mr. T. Singer by
the general meeting 97,209,232 98,6 1,351,727 1,4 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
17. b. Reappointment
of Mr. T. Singer by
the general meeting
excluding the controlling
shareholder 49,511,350 97,3 1,351,727 2,7 50,863,077 0
------------ ----- ----------- ----- ----------------- ------------
18. Appointment external
auditor 98,560,959 100 0 0 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
19. a. Authorisation
Board to issue shares
and grant rights to
subscribe for shares 98,439,861 99,9 121,098 0,1 119,015,010 0
------------ ----- ----------- ----- ----------------- ------------
19. b. Authorisation
Board to restrict
or exclude pre-emptive
rights 98,560,959 100 0 0 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
20. Authorisation
Board to purchase
shares 98,560,959 100 0 0 98,560,959 0
------------ ----- ----------- ----- ----------------- ------------
All resolutions presented to shareholders at today's AGM were
passed with a majority of votes. However, the Board notes that a
significant minority of votes were received against the re-election
of our Chairman, Peter Williams (Resolution 16.b).
While the Board is pleased that the resolutions have received
shareholder approval, it also acknowledges the views of the
shareholders who voted against Resolution 16.b. The Board seeks to
ensure that each Director has time to meet the requirements of
their role and is satisfied that all Directors, including Peter
Williams, have sufficient capacity to meet their commitments to DP
Eurasia, including during periods when DP Eurasia or other
commitments require greater than usual involvement. We have
interacted with a number of our shareholders and corresponded with
proxy advisor bodies over concerns raised about Peter's time
commitments and will continue to engage with shareholders over the
course of the year on this matter.
The Company currently has issued 145,372,414 shares which confer
voting rights of which 98,560,959 shares were validly present or
represented at the AGM, which is 60,80% of the Group's issued share
capital.
In accordance with Listing Rules 9.6.2 R, 9.6.3(1) R and 9.6.18
R, copies of the resolutions (other than those resolutions which
form the ordinary business of the AGM) passed by the Company's
shareholders have been submitted to the National Storage Mechanism
and are available for inspection at
https://data.fca.org.uk/#/homepage .
The voting results are available on the Investor Relations
section of the Group's website at www.dpeurasia.com and copies of
the documents have also been submitted to the National Storage
Mechanism and will shortly be available for inspection at
https://data.fca.org.uk/#/homepage .
For additional details or further information, please contact
Buchanan on +44 20 7466 5000 / dp@buchanan.uk.com .
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 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 765 stores (550 in Turkey, 203 in Russia,
eight in Azerbaijan and four in Georgia as at 31 December 2019),
and operates through its owned corporate stores (32%) and
franchised stores (68%). 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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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