DP Poland CEO resigns ahead of possible acquisition

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.