– UK, Birmingham – DP Poland (LON: DPP), the operator of pizza stores and restaurants across Poland, today announced the appointment of Peter Furlong to its Board as Non-Executive Director, with immediate effect.
In addition, The company also announces that Non-Executive Chairman Nick Donaldson will retire from the Board at the 2022 AGM.
Przemyslaw Glebocki, Non-Executive Director said: “I am delighted to welcome Peter to the Board and I look forward to our close cooperation. The Company is in a strong position for further dynamic expansion, through both organic growth and acquisitions and Peter’s contribution will be particularly helpful in case of the latter.”
About Peter Furlong
Peter Furlong has a background working as a debt and equity proprietary trader with Morgan Stanley and RBS. Following this, he joined Pageant Holdings Limited, an Ireland-based family office where he is currently a Director. Pageant has been invested in DP Poland since 2013 and has supported the Company through its recent fundraising rounds in December 2020 and November 2021. Pageant is a family office that invests in undervalued stocks and growth equity stories. Pageant holds 59,884,633 ordinary shares in DP Poland, equating to approximately 9.7% of the total voting rights.
Peter Furlong commented: “I am excited by the prospects of DP Poland and to support the Board. We are long term value investors in companies where we see compelling growth opportunities. There is clearly an exciting opportunity to consolidate the fragmented market place in Poland and further afield. I look forward to working with the Board of DP Poland to execute on the next exciting phase of growth and hopefully emulating the significant shareholder value creation that has been enjoyed by other listed Dominos Plcs around the globe.”
About DP Poland plc
DP Poland, through its wholly owned subsidiary DP Polska S.A., has the exclusive right to develop, operate and sub-franchise Domino’s Pizza stores in Poland. Following its acquisition of Dominium S.A., which constituted a reverse takeover under the AIM Rules for Companies, the group now operates over 100 stores and restaurants across a number of cities and towns in Poland.
For more information : https://dppoland.com/
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