DP Eurasia N.V. released a notification regarding the acquisition of ordinary shares by Jubilant Foodworks Netherlands B.V. (Jubilant), a PCA of certain PDMRs. Jubilant acquired 1,504,654 ordinary shares on 25 January 2024 and 28,313 ordinary shares on 26 January 2024 through market purchases. Additionally, Jubilant received acceptances to its offer for the entire issued and outstanding ordinary share capital of DP Eurasia, totaling 12,923 DP Eurasia Shares. Upon settlement, Jubilant will hold 86,687,956 DP Eurasia Shares, equivalent to 59.14% of the Company's outstanding issued share capital.
The notification includes details of the person discharging managerial responsibilities, with Jubilant being a PCA of Shyam S. Bhartia and Hari S. Bhartia, who are Non-Executive Directors of DP Eurasia. The nature of the transaction involved market purchases of ordinary shares and acceptances to Jubilant's offer. The prices per share for the market purchases were 1.09 GBP, and for the acceptance, it was 1.10 GBP.
The aggregated information reveals that Jubilant acquired a total of 1,532,967 DP Eurasia Shares at 1.09 GBP per share and 12,923 DP Eurasia Shares at 1.10 GBP per share, resulting in a total of 86,687,956 ordinary shares. The transactions took place on 25 January 2024 and 26 January 2024 in the UK timezone. The place of the transaction was supplied by Euroland.com.