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IN BRIEF: DP Poland plans to raise GBP3 million for working capital

2nd Nov 2021 20:39

DP Poland PLC - franchise in Poland for Domino's Pizza - Plans to raise GBP3.0 million through placing and subscription of 37.5 million shares at a price of 8 pence each.

Proceeds from the fundraise will go towards covering the costs from the integration with Dominium and bolster DP Poland's working capital position.

Issue price reflects 14% premium to Monday's closing price of 7 pence. Singer Capital Markets will act as broker and bookrunner.

Current stock price: 7.75 pence, up 11% on Tuesday.

Year-to-date change: down 16%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Dp Poland
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