Slaughter and May is advising Domino’s Pizza Group plc on its investment in DP Poland PLC
Slaughter and May is advising Domino’s Pizza Group plc (“Domino’s”) on its investment in DP Poland PLC (“DPP”), an AIM listed company, to support growth opportunities across DPP’s business (the “Investment”). The Investment, which is conditional on the approval of DPP shareholders, will be satisfied by an issuance of new ordinary shares, and is one component of a broader fund raising announced by DPP on 27 March 2024. Following completion of the Investment, Domino’s is expected to own approximately 12.1% of DPP’s issued share capital.
Alongside the Investment, Domino’s has entered into an option agreement to have the ability to purchase additional ordinary shares at a future date from DPP’s largest shareholder, up to a maximum total position of 29.99% of DPP’s issued share capital including ordinary shares held by Domino’s and its concert parties.