REG - DP Poland PLC - Issue of Options

DP PolandAnnouncement

03/07/2023 07:00

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RNS Number : 6013E  DP Poland PLC  03 July 2023

DP Poland plc

("DP Poland", the "Group" or the "Company")

 

Issue of Options

 

DP Poland, the operator of pizza stores and restaurants across Poland and
Croatia, announces a grant of Share Options to certain Board Members.

Issue of Options

The Company has granted 6,500,000 share options over ordinary shares of 0.5
pence each in the Company ("Share Options") under the stock option plan
announced on 15 June 2022 ("SOP") to certain board members as detailed below:

 

 Name           Position                 Number of Share Options granted  % of Issued Share Capital (following Admission)
 Nils Gornall   Chief Executive Officer  4,000,000                        0.6%
 Edward Kacyrz  Chief Financial Officer  2,000,000                        0.3%
 Jeremy Dibb    Non-executive Director   500,000                          0.1%

 

In respect of the Share Options issued to Nils Gornall and Edward Kacyrz, 50%
will time-vest and 50% will vest subject to certain performance indicators
being met or exceeded. Of the time-vesting portion, 25% vest 12 months from
3(rd) July 2023 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.

 

Of the Share Options issued to Jeremy Dibb, 100% will time-vest. Of the
time-vesting portion, 25% vest 12 months from 3(rd) July 2023 and 75% vest in
36 equal monthly instalments thereafter.

 

The exercise price of the Share Options granted is 8 pence per share and
aligns the interest of the Share Options beneficiaries with the shareholders
who subscribed for the equity in 2021 at 8 pence per share.

 

Enquiries:

DP Poland plc

Nils Gornall , CEO

Tel: +44 (0) 20 3393 6954

Email: ir@dppoland.com

 

Singer Capital Markets (Nominated Adviser and Broker)

Shaun Dobson

Tel: +44 (0) 20 7496 3000

 

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 116
stores and restaurants throughout cities and towns in Poland and Croatia.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Nils Gornall
 2    Reason for the notification
 a)   Position/status                                              CEO
 b)   Initial notification /Amendment                              Initial notification

 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 of the financial instrument, type of instrument  Ordinary shares of 0.5 pence each

      Identification code                                          GB00B3Q74M51
 b)   Nature of the transaction                                    Grant of Options
 c)   Price(s) and volume(s)                                         Price(s)    Volume(s)
                                                                   nil           4,000,000

 
 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      3(rd) July 2023
 f)   Place of the transaction                                     Off Market

 

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

3(rd) July 2023

f)

Place of the transaction

Off Market

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Edward Kacyrz
 2    Reason for the notification
 a)   Position/status                                              CFO
 b)   Initial notification /Amendment                              Initial notification

 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 of the financial instrument, type of instrument  Ordinary shares of 0.5 pence each

      Identification code                                          GB00B3Q74M51
 b)   Nature of the transaction                                    Grant of Options
 c)   Price(s) and volume(s)                                         Price(s)    Volume(s)
                                                                   nil           2,000,000

 
 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      3(rd) July 2023
 f)   Place of the transaction                                     Off Market

 

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

3(rd) July 2023

f)

Place of the transaction

Off Market

 

 

 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 /Amendment                              Initial notification

 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 of the financial instrument, type of instrument  Ordinary shares of 0.5 pence each

      Identification code                                          GB00B3Q74M51
 b)   Nature of the transaction                                    Grant of Options
 c)   Price(s) and volume(s)                                         Price(s)    Volume(s)
                                                                   nil           500,000

 
 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      3(rd) July 2023
 f)   Place of the transaction                                     Off Market

 

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

3(rd) July 2023

f)

Place of the transaction

Off Market

 

 

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