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IN BRIEF: DP Poland raises GBP3.0 million to boost working capital

3rd Nov 2021 15:53

DP Poland PLC - franchise in Poland for Domino's Pizza - Raises GBP3 million through placing of 34.3 million shares and subscription of 3.2 million shares at a price of 8.0 pence per share.

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 acted as broker and bookrunner.

DP Poland now has 619.6 million shares issued overall.

Current stock price: 8.05 pence, up 3.9% on Wednesday

Year-to-date change: down 12%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Dp Poland
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