DP Poland CEO resigns ahead of possible acquisition
By Iain Gilbert
Date: Monday 16 Nov 2020
(Sharecast News) - DP Poland chief executive Iwona Olbrys agreed to resign from the group's board of directors on Monday, with immediate effect.
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.
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