DP Poland PLC Issue of Options, Exercise of Options & TVR (0391G)
11 November 2022 - 3:09AM
UK Regulatory
TIDMDPP
RNS Number : 0391G
DP Poland PLC
10 November 2022
10 November 2022
DP Poland plc
("DP Poland" or the "Company")
Issue of Options, Exercise of Options & TVR
DP Poland, the operator of pizza stores and restaurants across
Poland and Croatia, announces certain dealings in its shares as
detailed below.
Issue of Options
The Company has granted 9,333,333 share options over ordinary
shares of 0.5 pence each in the Company ("Share Options") under the
new stock option plan announced on 15 June 2022 ("SOP") to certain
board members/employees as follows:
Name Position Number of Share Options as a
Options granted % of Issued Share
capital following
Admission (as
defined below)
Non-Executive
Jeremy Dibb Director 1,000,000 0.1%
----------------- ----------------- -------------------
Piotr Dzierzek Deputy CEO 3,500,000 0.5%
----------------- ----------------- -------------------
Maciej Jania Head of Revenue 3,500,000 0.5%
----------------- ----------------- -------------------
Chief Marketing
Patrycja Venulet Officer 2,333,333 0.3%
----------------- ----------------- -------------------
The Share Options issued to Jeremy Dibb will vest subject to
time on the same basis outlined below.
Of the Share Options issued to Piotr Dzierzek, Maciej Jania and
Patrycja Venulet, 50% will time vest and 50% will vest subject to
meeting certain performance indicators being met or exceeded.
Of the time-vesting portion of the Share Options, 25% vest 12
months from the date of the SOP announcement on 15 June 2022 and
75% vest in 36 equal monthly instalments thereafter. The Share
Options linked to key performance indicators carry the performance
criteria of EBITDA, which must be achieved annually over the
vesting period, and total number of stores target.
The exercise price of the Share Options granted is 8 pence per
share.
Exercise of Options
The Company also announces that it has issued 520,231 ordinary
shares of 0.5 pence each in the Company ("Ordinary Shares")
pursuant to an exercise of options by Christopher Moore, previous
Non-Executive Director and Maciej Jania, Head of Revenue.
Application has been made to the London Stock Exchange for
520,231 new Ordinary Shares to be admitted to trading on AIM
("Admission") and it is expected that Admission will become
effective on or around 8.00 a.m. on 15 November 2022.
Total Voting Rights
Following Admission, the Company's total issued share capital
will be 712,393,662 Ordinary Shares. The Company does not hold any
shares in treasury. Therefore, the total number of voting rights in
the Company will be 712,393,662.
This figure of 712,393,662 Ordinary Shares 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, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
Enquiries:
DP Poland plc Tel: +44 (0) 20 3393
6954
Nils Gornall, CEO
Singer Capital Markets (Nominated Adviser Tel: +44 (0) 20 7496
and Broker) 3000
Shaun Dobson / Will Goode / Amanda
Gray
Notes for editors
About DP Poland plc
DP Poland, has the exclusive right to develop, operate and
sub-franchise Domino's Pizza stores in Poland and Croatia. The
group operates over 120 stores and restaurants throughout cities
and towns in Poland and Croatia.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jeremy Dibb
------------------------- ----------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Non-Executive Director
------------------------- ----------------------------------------
b) Initial notification Initial notification
/Amendment
------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name DP Poland plc
------------------------- ----------------------------------------
b) LEI 213800LPZBU5RPY7A394
------------------------- ----------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-------------------------------------------------------------------
a) Description Ordinary shares of 0.5 pence each
of the financial GB00B3Q74M51
instrument,
type of instrument
Identification
code
------------------------- ----------------------------------------
b) Nature of Grant of Options
the transaction
------------------------- ----------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) nil 1,000,000
----------
------------------------- ----------------------------------------
d) Aggregated
information N/A - single transaction
- Aggregated
volume
- Price
------------------------- ----------------------------------------
e) Date of the 8 November 2022
transaction
------------------------- ----------------------------------------
f) Place of Off Market
the transaction
------------------------- ----------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Piotr Dzierzek
------------------------- ----------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Deputy Chief Executive Officer
------------------------- ----------------------------------------
b) Initial notification Initial notification
/Amendment
------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name DP Poland plc
------------------------- ----------------------------------------
b) LEI 213800LPZBU5RPY7A394
------------------------- ----------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-------------------------------------------------------------------
a) Description Ordinary shares of 0.5 pence each
of the financial GB00B3Q74M51
instrument,
type of instrument
Identification
code
------------------------- ----------------------------------------
b) Nature of Grant of Options
the transaction
------------------------- ----------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) nil 3,500,000
----------
------------------------- ----------------------------------------
d) Aggregated
information N/A - single transaction
- Aggregated
volume
- Price
------------------------- ----------------------------------------
e) Date of the 8 November 2022
transaction
------------------------- ----------------------------------------
f) Place of Off Market
the transaction
------------------------- ----------------------------------------
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