DP Eurasia N.V Directorate Update (2641C)

TIDMDPEU

RNS Number : 2641C

DP Eurasia N.V

15 October 2020

 
 For Immediate Release   15 October 2020 
 

DP Eurasia N.V.

("DP Eurasia" or the "Company")

Directorate Update

DP Eurasia (DPEU.L), the master franchisee of the Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia, announces that Izzet Talu, Non-Executive Director of the Company, has resigned as a member of the Board.

Mr. Talu was appointed a Non-Executive Director of DP Eurasia in June 2017 in conjunction with the Relationship Agreement between the Company and Fides Food Systems Coöperatief U.A. Mr Talu's replacement on DP Eurasia's Board will be announced once the appointee is finalised.

Commenting on the directorate update, Chairman, Peter Williams said: "On behalf of the board, I would like to thank Izzet for all his positive contributions to the board discussions over the last three years and wish him well for the future."

Enquiries

 
 DP Eurasia N.V. 
 Selim Kender, Chief Strategy Officer 
  & Head of Investor Relations               [phone] 
 
 Buchanan (Financial Communications) 
 Richard Oldworth / Giles Stewart / Tilly    [phone] 
  Abraham                                     [e-mail] 
 
 

Notes to Editors

DP Eurasia N.V. is the exclusive master franchisee of the Domino's Pizza brand in Turkey, Russia, Azerbaijan and Georgia. The Company was admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange plc on 3 July 2017. The Company (together with its subsidiaries, the " Group " ) is the largest pizza delivery company in Turkey and the third largest in Russia. The Group offers pizza delivery and takeaway/ eat-in facilities at its 754 stores (542 in Turkey, 199 in Russia, nine in Azerbaijan and four in Georgia as at 30 June 2020), and operates through its owned corporate stores (32%) and franchised stores (68%). The Group maintains a strategic balance between corporate and franchised stores, establishing networks of corporate stores in its most densely populated areas to provide a development platform upon which to promote best practice and maximise profitability. The Group has adapted the Domino's Pizza globally proven business model to its local markets.

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October 15, 2020 12:53 ET (16:53 GMT)