DP Eurasia N.V. has announced that Jubilant FoodWorks Netherlands B.V. (Jubilant), a PCA of certain PDMRs, 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 85,082,711 ordinary shares in DP Eurasia, equivalent to 58.04% of the Company's outstanding issued share capital.
The PDMRs associated with Jubilant include Shyam S. Bhartia and Hari S. Bhartia, both Non-Executive Directors. The transaction involved the acquisition of 4,342,441 ordinary shares at a price of 1.10 GBP per share, totaling 85,082,711 ordinary shares. The transaction took place on January 23, 2024, in the UK timezone.
The details of the transaction were supplied by Euroland.com, and the Privacy Policy for the transaction can be found on their website.