DP Eurasia N.V Consideration of additional listing venue (6151I)
15 December 2020 - 6:00PM
UK Regulatory
TIDMDPEU
RNS Number : 6151I
DP Eurasia N.V
15 December 2020
For Immediate Release 15 December 2020
DP Eurasia N.V.
("DP Eurasia" or the "Company", and together with its
subsidiaries, the " Group ")
Consideration of additional listing venue
DP Eurasia (DPEU.L), the master franchisee of the Domino's Pizza
brand in Turkey, Russia, Azerbaijan and Georgia, today announces
that the Board is considering an additional listing on a major
stock exchange to complement its current listing on the Main Market
of the London Stock Exchange (the "London Listing").
The Board constantly monitors trading and liquidity in the
shares and seeks ways to optimise price discovery to ensure the
growth potential of the business is recognised in the valuation.
The Board considers there to be an opportunity to attract new
investors to the story, most notably in one of its core commercial
markets, Turkey. As a result, the Board has decided to undertake a
review to consider a dual listing of the Company on the Borsa
Istanbul or a subsidiary IPO of its Turkish business on the Borsa
Istanbul.
The Board believes such an additional listing could generate
further interest from new investors in the Company, build momentum
and drive a re-rating in the shares as well as boost liquidity in
the trading of the shares.
The Board reserves the right to alter any aspect of the review
and will make further announcements as appropriate. The Board would
like to reiterate that that any new listing will be complementary
to the London Listing, which the Board views as its principal
market.
This announcement contains inside information as defined under
the Market Abuse Regulation (EU) No. 596/2014.
Enquiries
DP Eurasia N.V.
Selim Kender, Chief Strategy Officer &
Head of Investor Relations +90 212 280 9636
Buchanan (Financial Communications)
Richard Oldworth / Giles Stewart / Tilly +44 20 7466 5000
Abraham dp@buchanan.uk.com
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCDZLFFBLLBFBL
(END) Dow Jones Newswires
December 15, 2020 02:00 ET (07:00 GMT)
Dp Eurasia N.v (LSE:DPEU)
Historical Stock Chart
From May 2024 to Jun 2024
Dp Eurasia N.v (LSE:DPEU)
Historical Stock Chart
From Jun 2023 to Jun 2024