GRANT OF OPTIONS (REPLACEMENT)-DP POLAND PLC

GRANT OF OPTIONS (REPLACEMENT)-DP POLAND PLC

Grant of Options

 

DP Poland, the operator of pizza stores and restaurants across Poland and Croatia, announces a grant of share options over ordinary shares of 0.5 pence each in the Company ("Share Options").

 

Issue of Options

 

The Company has granted 4,750,000 Share Options to certain employees and board members under the employee share option plan at an exercise price of 8 pence per Share Option. Share Options have been granted to the following Persons Discharging Managerial Responsibility ("PDMRs"):

 

PDMR

Position

Number of Share Options Granted

% of Issued Share Capital (Following Admission)

Nils Gornall

Chief Executive Officer

1,000,000

0.1%

Edward Kacyrz

Chief Financial Officer

500,000

0.1%

Jeremy Dibb

Non-Executive Director

500,000

0.1%

Stoffel Thijs

Non-Executive Director

1,250,000

0.1%

David Wild

Non-Executive Chairman

1,000,000

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 1st January 2024 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, Stoffel Thijs and David Wild, 100% will time-vest. Of the time-vesting portion, 25% vest 12 months from 1st January 2024 and 75% vest in 36 equal monthly instalments thereafter.

 

 

Enquiries:

DP Poland plc   

Nils GornallCEO

Tel: +44 (0) 20 3393 6954

Email: ir@dppoland.com 

  

Singer Capital Markets (Nominated Adviser and Broker)

Shaun Dobson / Jen Boorer

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

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nils Gornall

Edward Kacyrz

Jeremy Dibb

Stoffel Thijs

David Wild

2

Reason for the notification

a)

Position/status

Nils Gornall, Chief Executive Officer

Edward Kacyrz, Chief Financial Officer

Jeremy Dibb, Non-Executive Director

Stoffel Thijs, Non-Executive Director

David Wild, Non-Executive Chairman

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


Identification code

Ordinary Shares of 0.5p each

ISIN Code: GB00B3Q74M51

b)

 

Nature of the transaction

Grant of options

c) 

Price(s) and volume(s)


Price(s)


Volume(s)

8 pence

Nils Gornall - 1,000,000

Edward Kacyrz - 500,000

Jeremy Dibb - 500,000

Stoffel Thijs - 1,250,000

David Wild - 1,000,000

d)

Aggregated information

- Aggregated volume

N/A - single transaction

- Price

e)

Date of the transaction

26th April 2024

f)

Place of the transaction

Outside a trading venue

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