RNS Number : 2634B
DP Eurasia N.V
29 January 2024
 

For Immediate Release


29 January 2024

 

PDMR and PCA Notification

 

DP Eurasia N.V.

(DP Eurasia or the Company)

As announced on 29 January 2024, Jubilant Foodworks Netherlands B.V. ("Jubilant"), a PCA of the following PDMRs:

 

1.            Shyam S. Bhartia

2.            Hari S. Bhartia

 

has acquired 1,504,654 ordinary shares in the Company from market purchases on 25 January 2024 and 28,313 ordinary shares in the Company from market purchases on 26 January 2024. Jubilant has also received acceptances to its offer for the entire issued and outstanding ordinary share capital of DP Eurasia (the "DP Eurasia Shares") (the "Offer") in respect of 12,923 DP Eurasia Shares. Upon settlement of this acceptance, Jubilant will be the holder of a total of 86,687,956 DP Eurasia Shares (which is equal to 59,14% of the Company's outstanding issued share capital).

 

 

1

Details of the person discharging managerial responsibilities

(a)

Name

Jubilant FoodWorks Netherlands B.V. ("Jubilant")

2

Reason for the notification

(a)

Position/status

Jubilant is a PCA of the following PDMRs:

1.            Shyam S. Bhartia (Non-Executive Director)

2.            Hari S. Bhartia (NED)

(b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

DP Eurasia N.V.

(b)

LEI

213800BHW8PKOQW21X96

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 DP Eurasia N.V.

 

 

 

NL0012328801

(b)

Nature of the transaction

Jubilant acquired 1,532,967 ordinary shares through market purchases. Jubilant has also received acceptances to its Offer in respect of 12,923 DP Eurasia Shares. Upon settlement of this acceptance, Jubilant will be the holder of a total of 86,687,956 DP Eurasia Shares.

(c)

Price(s) and volume(s)

Transaction

Prices(s)

Volume(s)

Markey purchases

1.09 GPB per share

(25 January 2024)

1,504,654 ordinary shares

Market purchases

1.09 GPB per share

(26 January 2024)

28,313 ordinary shares

Acceptance

1.10 GPB per share

(25 January 2024)

(Acceptance)

12,923 ordinary shares

(d)

Aggregated Information, Aggregated volume, Prices

1,532,967 DP Eurasia Shares at 1.09 GBP per share and 12,923 DP Eurasia Shares at 1.10 GBP per share giving Jubilant 86,687,956  ordinary shares in total.

(e)

Date of the transactions

2024-01-25 (UK timezone)

2024-01-26 (UK timezone)

(f)

Place of the transaction

London Stock Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHEASFNAFXLEFA