DP Eurasia N.V. has announced that Jubilant FoodWorks Netherlands B.V. (Jubilant) has received acceptances to its offer for the entire issued and outstanding ordinary share capital of DP Eurasia. Upon settlement of this acceptance, Jubilant will hold a total of 80,212,864 ordinary shares in DP Eurasia, which is equal to 54.71% of the Company's outstanding issued share capital.
Jubilant is a Person Discharging Managerial Responsibilities (PDMR) and a Person Closely Associated (PCA) of Shyam S. Bhartia and Hari S. Bhartia, who are Non-Executive Directors of DP Eurasia. The transaction involved the acquisition of 60,559 DP Eurasia shares at a price of 95.00 pence per share, totaling 80,212,864 ordinary shares in DP Eurasia. The transaction took place on 15th January 2024 in the UK timezone.
This notification provides details of the transaction, including the nature of the transaction, the financial instrument involved, the price and volume of shares, and the date and place of the transaction. The information was supplied by Euroland.com.
This announcement provides insight into the recent transaction involving DP Eurasia N.V. and Jubilant FoodWorks Netherlands B.V., shedding light on the acquisition of ordinary shares and the resulting impact on the share capital of DP Eurasia.