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  3. Dp Poland Share Price
  4. Dp Poland Share News
  5. DP Poland aims to raise dough after placing 34.8m shares

Pin to quick picksDp Poland Share News (DPP)

Dp Poland Information

Share Price Information for Dp Poland (DPP)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 11.00
Bid: 10.50
Ask: 11.50
Change: 0.10 (0.92%)
Spread: 1.00 (9.524%)
Open: 11.00
High: 11.25
Low: 11.00
Prev. Close: 10.90
DPP Live PriceLast checked at -

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DP Poland aims to raise dough after placing 34.8m shares

Tue, 16th Jun 2015 10:27

DP Poland, which operates Domino's Pizza outlets in Poland, has placed 34.8m shares at 0.5p each in a bid to raise approximately £5.5m.The shares, which were placed at a discount of 9.1% to Monday's closing price, represent approximately 36.5% of the company's existing issued share capital, DP said in a statement on Tuesday.The London-listed company said the funds will be used to accelerate the roll-out of outlets across Poland, where DP plans to open 20 new stores between 2016 and 2017, with a view to eventually sub-franchise the Domino's Pizza brand in the country.DP added it remained on track to meet annual expectations after a strong performance in the second quarter.DP shares were down 2.45% to 16.95p at 10:41 on Tuesday.
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