Result of GM, Issue of Equity and Board Changes

DP Poland plc

("DP Poland" or "the Company")

Result of General Meeting, Issue of Equity and Board Changes

DP Poland is pleased to announce that at its General Meeting today, held in connection with the Acquisition, the Fundraising, general allotment authorities, the Waiver and Admission (the "Proposals") all Resolutions were duly passed. Accordingly, the Proposals are expected to complete tomorrow, 8 January 2021.

The resolution to approve the Waiver (being a waiver of obligations on the Concert Party under Rule 9 of the Takeover Code in connection with the Acquisition) was approved on a poll of the Independent Shareholders with 22,068,255 votes of Independent Shareholders for and no votes against.

Following Admission, the members of the Concert Party will have the following interests in Ordinary Shares:

Admission and Total Voting Rights

In aggregate, 327,516,661 new ordinary shares have been allotted and issued (conditional on admission) pursuant to the Proposals, comprising 43,750,000 New Shares and 283,766,661 Consideration Shares.

Application has been made to the London Stock Exchange for the Enlarged Share Capital in the Company to be admitted to trading on AIM ("Admission"), and it is expected that Admission will become effective and that dealings in the Enlarged Share Capital will commence at 8.00 a.m. on 8 January 2021. The ISIN number of the Ordinary Shares will continue to be GB00B3Q74M51. The TIDM will continue to be DPP.

The number of ordinary shares in issue and the total voting rights in the Enlarged Group following Admission will be 581,624,985. The Enlarged Group will not hold any Ordinary Shares in treasury. Shareholders may use this figure of 581,624,985 as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Rules and Transparency Rules.

Board Changes

Further to the announcement made on 18 December 2020, the Company can further update that the following changes to the Board will take effect conditional on and from Admission:

·      Gerald William Ford (Non-Executive Director) and Christopher Humphrey Robertson Moore (Non-Executive Director) will resign from the Board

·      Piotr Dzierżek (Chief Executive Officer), Przemyslaw Glebocki (Non-Executive Director) and Jakub Chechelski (Non-Executive Director) will be appointed to the Board

Terms used in this announcement shall, unless otherwise specified, have the meanings given to them in the Company's admission document dated 21 December 2020, a copy of which is available to view at: https://dppoland.com/2015/.

Enquires: