DP Poland CEO resigns ahead of possible acquisition
DP Poland
10.75p
16:55 24/04/24
DP Poland chief executive Iwona Olbrys agreed to resign from the group's board of directors on Monday, with immediate effect.
FTSE AIM All-Share
754.69
16:50 24/04/24
Travel & Leisure
7,630.10
17:09 24/04/24
Olbrys opted to leave the firm as a result of the possible acquisition of the company by Dominium SA.
DP Poland intends to propose the appointment of a new CEO, who has already been identified, when it publishes an admission document in connection with the acquisition, which was still subject to shareholder and regulatory approvals.
The AIM-listed group added that pending a further appointment, chairman Nick Donaldson and non-executive director Rob Morrish would have "a more active role" in the running of DP Poland.
As of 0905 GMT, DP Poland shares were flat at 7.25p.