DPEU.L Regulatory News (DPEU)

IMPORTANT NOTICE

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION AS STIPULATED BY THE MARKET ABUSE REGULATION (EU) 596/2014. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES. THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT. THERE IS NO INTENTION TO REGISTER ANY SECURITIES REFERRED TO HEREIN IN THE UNITED STATES OR TO CONDUCT A PUBLIC OFFERING OF SECURITIES IN THE UNITED STATES. THE SECURITIES MAY NOT AND WILL NOT BE OFFERED OR SOLD IN CANADA, JAPAN AND AUSTRALIA.

FOR IMMEDIATE RELEASE

26 June 2019

FIDES FOOD SYSTEMS COOPERATIEF U.A.

REVIEW OF VALUE REALISATION OPTIONS FOR STAKE IN DP EURASIA N.V.

TPEF II L.P., the private equity fund, announces its decision to consider value realisation options for Fides Food Systems Coöperatief U.A. ("Fides"), which holds its remaining equity investment in DP Eurasia N.V. ("DP Eurasia"). Fides has been invested in DP Eurasia since 2010.

DP Eurasia is the exclusive master franchisee of Domino's Pizza Inc. in Turkey, Russia, Azerbaijan and Georgia and is admitted to the premium listing segment of the Official List maintained by the Financial Conduct Authority and to trading on the London Stock Exchange.

Following the listing of DP Eurasia in July 2017, Fides sold shares representing approximately 10% of the issued share capital of DP Eurasia in an accelerated bookbuild offering in February 2019 and currently holds shares representing 32.8% of the issued share capital.

The options currently being considered include a managed sale of up to 29.9% of the issued share capital in DP Eurasia through a sale of Fides. The evaluation of options is at a preliminary stage and there can be no certainty as to the nature or structure of any transaction (including the number of shares that may be sold) or that any transaction will take place.

Enquiries:

The distribution of this announcement may, in certain countries, constitute a breach of applicable laws.

With respect to the Member States of the European Economic Area which have implemented Directive 2003/71/EC as amended (together with any applicable implementing measures in any member state, the "Prospectus Directive") (each a "Relevant Member State"), no action has been undertaken or will be undertaken to make an offer to the public of the securities referred to herein requiring the publication of a prospectus in any Relevant Member State. As a result, these securities may only be offered or sold in any Relevant Member State pursuant to an exemption under the Prospectus Directive.

This announcement is only addressed to, and directed at, persons in Relevant Member States who are "qualified investors" within the meaning of article 2(1)(e) of the Prospectus Directive ("Qualified Investors").

In the United Kingdom, this announcement is directed only at, Qualified Investors (i) who are "investment professionals" falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), or (ii) persons falling within article 49(2)(a)-(d) ("high net worth companies, unincorporated associations etc") of the Order (all such persons together being referred to as "Relevant Persons"). Under no circumstances should persons who are not Relevant Persons rely or act upon the contents of this announcement. Any investment or investment activity to which this announcement relates in the United Kingdom is available only to, and will be engaged only with, Relevant Persons.

Canaccord Genuity Limited ("Canaccord Genuity"), is authorised and regulated by the Financial Conduct Authority and is acting for Fides and for no-one else in connection with the transaction referred to herein and will not be responsible to anyone other than Fides for providing the protections afforded to clients of Canaccord Genuity, or for providing advice in relation to the transaction referred to herein, the contents of this announcement or any transaction, arrangement or other matter referred to in this announcement.

Canaccord Genuity does not accept any responsibility whatsoever and makes no representation or warranty, express or implied, for the contents of this announcement, including its accuracy, completeness or verification. Nothing in this announcement is or shall be relied upon as a promise or representation in this respect, whether as to the past or future. Canaccord Genuity accordingly disclaims to the fullest extent permitted by law all and any responsibility and liability, whether arising in tort, contract or otherwise, which they might otherwise have in respect of this announcement and any such statement.

This announcement includes forward-looking statements, which are based on current expectations and projections about future events. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect TPEF II L.P.'s current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions. TPEF II L.P. expressly disclaims any obligation or undertaking to update, review or revise any forward looking statement contained in this announcement whether as a result of new information, future developments or otherwise. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.