Completion of Acquisition and Admission

DP Poland plc

("DP Poland" or "the Company")

Completion of Acquisition and Admission of the Enlarged Group to trading on AIM

DP Poland is pleased to announce the admission of its Enlarged Share Capital to trading on AIM and the completion of the acquisition of Dominium S.A. ("Dominium") (the "Acquisition"). Dealings commenced at 8.00 a.m. today. The Acquisition constituted a reverse takeover under the AIM Rules for Companies.

Highlights

· Consideration for the Acquisition was satisfied by the issue of 283,766,661 New Shares and an unsecured Loan Note of €1.3 million (approximately £1.2 million) to Malaccan Holdings Limited. Additionally, outstanding debt due from Dominium to Malaccan Holdings Limited was converted into a further unsecured Loan Note of €6.2 million (approximately £5.6 million).

· Dominium is a Polish pizza restaurant group with restaurants located across a number of cities and towns in Poland including Warsaw and Krakow.

· The Directors believe that the combination of the two businesses will place the Company within the top three pizza chains in Poland in terms of stores and restaurants.

· The Acquisition will almost double the number of stores within the Company's portfolio and will provide a basis for further expansion and market penetration into new cities and towns.

· It is expected that this improved scale will help the Company to achieve its objective of becoming a market leader in Poland, and will enable it to expand further, notwithstanding the growth noted amongst competitors.

· There are a number of cost savings and synergies which are expected to arise from the Acquisition.

· A Placing of 19,965,361 New Shares and a Subscription of 23,784,639 New Shares has taken place, at the Issue Price of 8 pence per ordinary share, to raise approximately £3.5 million (before expenses). In addition, 21,824,204 Sale Shares have been placed at the Issue Price.

Terms used in this announcement shall, unless otherwise specified, have the meanings given to them in the Company's admission document dated 21 December 2020, a copy of which is available to view at: https://dppoland.com/2015/.

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