DP Eurasia N.V. announced that Jubilant FoodWorks Netherlands B.V. (Jubilant), a PCA of certain PDMRs, has acquired 98,674 ordinary shares in the company through a market purchase on 18 January 2024. Additionally, Jubilant has received acceptances to its offer for the entire issued and outstanding ordinary share capital of DP Eurasia, totaling 15,380 DP Eurasia Shares. Upon settlement of this acceptance, Jubilant will hold a total of 80,740,270 ordinary shares in DP Eurasia, equivalent to 55.08% of the Company's outstanding issued share capital.
Jubilant FoodWorks Netherlands B.V. is a PCA of Shyam S. Bhartia and Hari S. Bhartia, who are Non-Executive Directors of DP Eurasia N.V. The acquisition of ordinary shares by Jubilant was priced at 1.10 GBP per share, and the transactions took place on 18 January 2024.
The details of the transaction were disclosed in accordance with the regulatory requirements. The information was provided for transparency and to comply with the necessary notifications regarding the acquisition of ordinary shares by Jubilant.