Business
Proposed Fundraising
Proposed Fundraising.
About this update from Dp Poland Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0608R\n DP Poland PLC\n 02 November 2021\n \n \n \n \n THIS ANNOUNCEMENT (INCLUDING THE APPENDICES) AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, NEW ZEALAND, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.\n \n \n THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO PURCHASE AND/OR SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN DP POLAND PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION, SHALL FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH ANY INVESTMENT DECISION IN RESPECT OF DP POLAND PLC.\n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018) (\"UK MAR\"). \n \n \n 2 November 2021\n \n \n DP Poland plc\n \n \n (\"\n DP Poland\n \" or \"\n the Company\n \")\n \n \n Proposed Fundraising to raise gross proceeds of approximately £3.0 million\n \n \n DP Poland (AIM: DPP), \n the operator of pizza stores and restaurants across Poland,\n today announces a proposed Fundraising to raise gross proceeds of £3.0 million (£2.9 million net of expenses), which will be comprised of a Placing and Subscription of 37,500,000 New Shares in aggregate at the Issue Price of 8 pence per share. The issue and allotment of the New Shares will be within the existing authorities granted at the Company's most recent annual general meeting.\n \n \n Capitalised terms used in this announcement (including the appendices (the \"Appendices\" and together, this \"Announcement\")) have the meanings given to them in Appendix II of this Announcement, unless the context provides otherwise.\n \n \n \n Fundraising Highlights\n \n \n \n \n \n · \n Fundraising to raise approximately £3.0 million before expenses at the Issue Price.\n \n \n \n \n \n · \n Net proceeds o...