London, July 7, 2026, 18:03 BST
- DP Poland ended the session at 7.00p at 16:30 BST, unchanged, on volume of 852,919 shares.
- FMR LLC cut its voting rights to 6.4357% from 9.84%, a July 7 RNS said.
- Q1 group system sales were up 18.9% at constant currency, with the Domino’s estate reaching 141 stores.
DP Poland PLC (LON:DPP), which runs Domino’s Pizza outlets in Poland and Croatia and trades on AIM, closed flat on Tuesday. But FMR LLC, the parent of Fidelity Management & Research Company, cut its stake in the company, with voting rights falling to 6.4357% from 9.84%. That’s a drop of 3.4043 percentage points, with the move disclosed before trading started in London.
Shares ended the London session quoted at 7.00p, with a 6.50p bid and a 7.50p offer. Market cap is around 66.1 million pounds. Hargreaves Lansdown data showed 852,919 shares traded, up from the 469,209 Monday volume reported by Shareprices.com.
| Ownership math | Previous notice | Latest notice | Change |
|---|---|---|---|
| FMR voting rights | 9.8400% | 6.4357% | -3.4043 pts |
| Voting rights | about 92.9 mln | 60.8 mln | about -32.1 mln |
| Value at 7.00p | about £6.5 mln | about £4.3 mln | about -£2.2 mln |
| Versus July 7 volume | — | — | about 37.7 times |
Earlier voting rights are based on the 943.99 million shares outstanding shown in market data. Figures come from the RNS voting-rights percentages and the listed 7.00p price.
The main point for markets is the size of the holding change here. For a stock with a one penny quoted spread, that’s a big move. The filing shows the threshold was crossed July 2 and the company got the notice on July 6. The reason was an acquisition or disposal of voting rights. The filing didn’t say what price was paid.
The cut follows trading data that show sales are outpacing the share price. In April, DP Poland reported Q1 group system sales of 17.2 million pounds, up 18.9% year on year at constant currency. Group orders increased 13.7% to 1.3 million. Poland system sales climbed 18.2%, while Croatia was up 28.8%.
Store count is a clearer signal than looking just at new openings. DP Poland finished 2025 with 210 units: 135 Domino’s and 75 Pizzeria 105 franchises. By the end of Q1, DP Poland was at 141 Domino’s stores and 71 Pizzeria 105. The company grew the total estate by two units in the quarter, but the number of Domino’s stores went up by six. Four Pizzeria 105 sites switched over to Domino’s.
| Operating metric | 2025 | Q1 2026 / latest stated target |
|---|---|---|
| Group system sales | £61.4 mln, up 11.3% | £17.2 mln, up 18.9% cc |
| Revenue | £61.7 mln, up 15.0% | — |
| Adjusted EBITDA | £6.2 mln, up 29.2% | — |
| Loss for period | £4.3 mln | — |
| Domino’s stores | 135 at year-end | 141 at quarter-end |
| Franchised Domino’s stores | 43 at year-end | 47, now 35% of the total |
| Pizzeria 105 stores | 75 at year-end | 71 at quarter-end |
| Stated franchise target | — | aims to have franchised stores making up more than half of Domino’s system by end-2027 |
Chief Executive Nils Gornall said in the Q1 update the group was speeding up its franchise transition and aiming for over 200 stores by end 2027. In the 2025 results, he said the Pizzeria 105 deal had “materially expanded our franchise network.”
Investors are watching the gap here as DP Poland moves to expand its store count and push into a lighter capital model. But with a reported 4.3 million pound loss for 2025 and just 1.4 million pounds in cash at Dec. 31—well below the 10.7 million it had a year earlier—the company doesn’t have much wiggle room. DP Poland said it agreed new financing facilities with BNP Paribas Bank Polska in November 2025, though at year-end none of that funding had been drawn.
London’s main indexes diverged, with Reuters saying the FTSE 100 finished up 0.1% but the FTSE 250 dropped 0.5%. DP Poland kept flat at 7.00p. The stock saw a wide spread and a new filing showed a big holder reduced their stake.
