Jubilant FoodWorks Netherlands B.V., a PCA of PDMRs Shyam S. Bhartia and Hari S. Bhartia, has acquired 27,725 ordinary shares in DP Eurasia N.V. through a market purchase on 5th February 2024. This acquisition brings Jubilant's total holding to 137,347,358 ordinary shares, equivalent to 93.69% of the Company's outstanding issued share capital. The transaction was conducted at approximately 0.93625 pence per share in the UK timezone.
This notification provides details of the person discharging managerial responsibilities, the reason for the notification, and the details of the issuer, DP Eurasia N.V. The nature of the transaction, including the financial instrument's description, type, and nature of the transaction, is also outlined. The aggregated information, including volume, prices, and the date and place of the transaction, is specified.
The acquisition of DP Eurasia N.V. shares by Jubilant FoodWorks Netherlands B.V. reflects a significant increase in Jubilant's ownership stake in the company. This transaction is a notable development in the ownership structure of DP Eurasia N.V., and it will be interesting to observe the potential impact of this acquisition on the company's strategic direction and future operations.