DP Eurasia N.V. announced that Jubilant Foodworks Netherlands B.V. has acquired 26,501 ordinary shares in the company from market purchases on 13 February 2024, totaling 137,673,029 ordinary shares, which is equivalent to 93.92% of the company's outstanding issued share capital. Jubilant is a Person Closely Associated (PCA) of Shyam S. Bhartia and Hari S. Bhartia, who are both Non-Executive Directors of DP Eurasia.
The transaction involved market purchases of 26,501 ordinary shares at approximately 0.920148 pence per share, with the total aggregated to 137,673,029 ordinary shares. The date of the transaction was 13 February 2024 in the UK timezone, and the place of the transaction was supplied by Euroland.com.
This notification provides details of the person discharging managerial responsibilities, the reason for the notification, details of the issuer, and specific details of the transaction. The acquisition of shares by Jubilant Foodworks Netherlands B.V. represents a significant increase in their ownership stake in DP Eurasia N.V.