Dp Poland Regulatory News (DPP)

DP Poland plc

("DP Poland" or the "Company")

Board Changes

DP Poland, the operator of pizza stores and restaurants across Poland, is pleased to announce the appointment of Peter Furlong to the Board as Non-Executive Director, with immediate effect.

Mr Furlong has a background working as a debt and equity proprietary trader with Morgan Stanley and RBS. Following this, he joined Pageant Holdings Limited ("Pageant"), an Ireland-based family office where he is currently a Director. Pageant has been invested in DP Poland since 2013 and has supported the Company through its recent fundraising rounds in December 2020 and November 2021. Pageant is a family office that invests in undervalued stocks and growth equity stories. Pageant holds 59,884,633 ordinary shares in DP Poland, equating to approximately 9.7% of the total voting rights. 

In addition, Nick Donaldson, Non-Executive Chairman of the Company, announces his intention to retire from the Board from the date of the 2022 annual general meeting.

Przemyslaw Glebocki, Non-Executive Director of DP Poland and Managing Partner at ACP, the Company's largest shareholder, said: "I would like to thank Nick for the guidance and support that he has contributed to DP Poland over the 12 years of his directorship. Nick was one of the founding directors of DP Poland and was instrumental in the merger with Dominium, which was a transformational transaction for the Company. I am delighted to welcome Peter to the Board and I look forward to our close cooperation. The Company is in a strong position for further dynamic expansion, through both organic growth and acquisitions, and Peter's contribution will be particularly helpful in case of the latter."

Nick Donaldson, Non-Executive Chairman of DP Poland, said: "After 12 years of directorship I have decided to retire from my Board position. I am leaving the Company with a stable shareholding structure, having completed the transformational merger which has positioned the Company well for further dynamic growth. I remain a shareholder of DP Poland and I wish all the best to the Board."

Peter Furlong, incoming Non-Executive Director of DPP said: "I am excited by the prospects of DP Poland and to support the Board. We are long term value investors in companies where we see compelling growth opportunities. There is clearly an exciting opportunity to consolidate the fragmented market place in Poland and further afield. I look forward to working with the Board of DP Poland to execute on the next exciting phase of growth and hopefully emulating the significant shareholder value creation that has been enjoyed by other listed Dominos Plcs around the globe."

The following disclosures are required regarding Mr Furlong's appointment pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies ("AIM Rules"):

Full name: Peter Joseph Furlong

Age: 43

Current directorships:

· Melcorpo Commercial Properties Unlimited Company

· Melcorpo Finance Unlimited Company

· Melcorpo Unlimited Company

· Pageant Holdings Limited

· Pageant Limited

· Ekco Cloud Holdings Designated Activity Company

Previous directorships in the last five years:

· Pageant Commercial Properties Limited

· Pageant Investments Limited

· Marlfield Mall Management Company

Pageant Commercial Properties Limited and Pageant Investments Limited were dissolved via creditors' voluntary winding up on 4 June 2019 and 29 July 2019 respectively.

Mr Furlong holds 1,050,000 ordinary shares in DP Poland personally, and 700,000 via a CFD. Pageant Holdings Limited owns 59,884,633 ordinary shares in the Company and Mr Furlong owns 20% of Melcorpo Unlimited, the beneficial owner of Pageant.

Save as set out above, there is no further information to be disclosed in respect of Peter Furlong under Schedule 2(g) of the AIM Rules.

Enquiries:

Notes for editors

About DP Poland plc

DP Poland, through its wholly owned subsidiary DP Polska S.A., has the exclusive right to develop, operate and sub-franchise Domino's Pizza stores in Poland. Following its acquisition of Dominium S.A., which constituted a reverse takeover under the AIM Rules for Companies, the group now operates over 100 stores and restaurants across a number of cities and towns in Poland.