UK franchise operator Domino’s Pizza (LON: DOM) is investing £11m in Poland-based pizza stores operator DP Poland (LON: DPP) as part of an overall fundraising of up to £20.5m. The other £9.5m will come via a placing and retail offer. This cash will help to finance a near-doubling of stores and that should help DP Poland to move to making a significant profit.
The retail offer could raise up to £1m at 9.92p/share. Applications can be made through intermediaries. The minimum subscription is £200. The latest time for commitments under the offer is 12pm on 12 April.
Domino’s Pizza has an op...
