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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Dp Poland Plc | LSE:DPP | London | Ordinary Share | GB00B3Q74M51 | ORD 0.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 11.00 | 10.50 | 11.50 | 11.00 | 11.00 | 11.00 | 144,060 | 07:30:10 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Eating Places | 44.62M | -3.54M | -0.0050 | -22.00 | 78.37M |
From Jul 2019 to Jul 2024
TIDMDPP
RNS Number : 2241D
DP Poland PLC
14 May 2012
DP Poland PLC ("DP Poland" or the "Company")
Amendment to Master Franchise Agreement ("MFA")
As described in our 2011 results statement, the Company's store opening strategy has been revised. Having successfully established a good presence in Warsaw, opening 12 stores in 2011 and our 13(th) store in April this year, we anticipate opening a minimum of 2 further Company operated stores this year.
This opening schedule is expected to be complemented by the commencement of sub-franchising in 2013.
Our franchisor is in full agreement with our evolving strategy and has agreed an amendment to our MFA to reflect this revised strategy. The threshold number of company operated stores required before we sub-franchise stores has been reduced from 20 to 12. While the minimum required store openings are lower this year than originally planned, the agreed minimum store opening schedule to 2019 is higher at 127 stores in total.
We are focusing our efforts in 2012 on building brand awareness and sales, which are continuing to grow across the estate.
14 May 2012
Enquiries:
Hot Features
Premium
DP Poland PLC c/o College Hill: 020
Peter Shaw, Chief Executive 7457 2020
www.dppoland.com
College Hill
Matthew Smallwood / Justine Warren 020 7457 2020
Seymour Pierce Ltd
Guy Peters / Catherine Leftley - Nominated
Adviser
David Banks / Jacqui Briscoe - Corporate
Broking 020 7107 8000
Notes to editors
DP Poland is the owner of the exclusive rights to develop and operate Domino's Pizza stores in Poland, through its wholly owned subsidiary DP Polska SA. The Company currently operates 13 stores in Warsaw.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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