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]
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