DP Eurasia N.V. announced that Jubilant Foodworks Netherlands B.V. has acquired 23,571 ordinary shares in the company from a market purchase on 6 February 2024 and 178,555 by means of the execution of a private deed of sale, purchase, and transfer of ordinary shares on 2 February 2024, aggregating to 137,549,814 Ordinary Shares in total, which is equal to 93.83% of the Company's outstanding issued share capital.
Jubilant is a PCA of Shyam S. Bhartia and Hari S. Bhartia, who are non-executive directors of DP Eurasia. The transactions involved market purchases of 23,571 Ordinary Shares and a private deed purchase of 178,885 Ordinary Shares. The prices for these transactions were approximately 0.9095 pence per share for the market purchase and 1.10 GBP per share for the private deed purchase. The transactions took place on 2 February 2024 and 6 February 2024 in the UK timezone.
This notification provides details of the acquisition of ordinary shares by Jubilant Foodworks Netherlands B.V., a PCA of DP Eurasia N.V., and the PDMRs Shyam S. Bhartia and Hari S. Bhartia. The transactions involved both market purchases and a private deed purchase, resulting in Jubilant holding a total of 137,549,814 Ordinary Shares, which is equivalent to 93.83% of the Company's outstanding issued share capital.