Prior to obtaining access to the information placed on this website, please read carefully the following important information regarding the terms of access to this website and of the use of the information contained herein. Please note that the important information presented below may be changed or updated. Consequently, it should be read and analysed in whole whenever this website is accessed in the future. THE MATERIAL CONTAINED ON THIS WEBSITE IS NOT INTENDED FOR RELEASE, DISSEMINATION, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE TERRITORY OF THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, DISSEMINATION, PUBLICATION OR DISTRIBUTION WOULD CONSTITUTE A VIOLATION OF THE APPLICABLE LAWS OR WOULD REQUIRE REGISTRATION. The materials to which you will gain access relate to or are connected with (i) an initial public offering in the territory of Poland of up to 48,040,000 ordinary shares (the “Sale Shares”) in Dino Polska S.A with its registered office in Krotoszyn (the “Company”), with a nominal value of PLN 0.10 each (the “Offering”), conducted by Polish Sigma Group S.à r.l. (the “Selling Shareholder”), and (ii) with the seeking of the admission and introduction of 98,040,000 ordinary shares with a nominal value of PLN 0.10 each (the “Shares”), including the Sale Shares, to trading on the regulated market of the Warsaw Stock Exchange (the “Admission”). On 17 March 2017, the Financial Supervision Authority approved the prospectus (the “Prospectus”) prepared in connection with the Offering and the Admission. 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Dino Polska joins the MSCI Emerging Markets Index

Dino Polska S.A., one of the fastest-growing retail grocery networks in Poland, is slated to join the MSCI Emerging Markets Index (MSCI EM). It will be incorporated in the MSCI EM Index following the session held on 30 November 2017.



MSCI Inc., the company that has been computing and publishing the MSCI Emerging Markets (MSCI EM) Index since 1988 issued an announcement on 13 November 2017 that Dino Polska S.A. will join the composition of this index during its next reshuffling.

MSCI EM is the largest index in the world forming a benchmark for equity investors who invest approximately 1.5 trillion US dollars on emerging markets. Large and medium-sized companies from 24 countries are in the MSCI EM index.


Dino Polska S.A. will be added to the portfolio forming the MSCI EM index following the session held on 30 November 2017. It has been listed on the Warsaw Stock Exchange’s main floor (in the WIG and mWIG40 indices) since 19 April 2017. Its market capitalization has grown by more than 90% since its IPO. Its market capitalization is PLN 6.3 billion as at 13 November 2017. Its average daily trading volume in PLN during the last three months is nearly PLN 12 million.



“We are thrilled that Dino is slated to join the reputable MSCI Emerging Markets Index. It forms a benchmark for global financial institutions. In turn, it is an enormous distinction for us to become part of such an elite group. Our network is rapidly growing its sales volume and opening new stores. The positive trends that are observable this year on the consumer market portend more good months to come”, says Szymon Piduch, CEO of Dino Polska S.A.


More information regarding Dino Polska S.A.

Dino is a leading player in Poland’s growing proximity supermarket segment offering great prospects. Dino was the fastest growing proximity supermarket network in Poland in 2010-2015 (in terms of the compound annual growth rate in the number of stores and sales revenues) and it was the second largest network in the proximity segment in 2015 in terms of sales revenues according to the Roland Berger report published in November 2016).

Dino’s network consists of 718 stores (data as at 30 September 2017) primarily located in western Poland with an average selling area of roughly 400 square meters. Most Dino stores are situated in convenient locations in smaller towns and communities, medium-sized cities and in the surrounding areas of large cities.

The Dino Group’s business model combines the advantages of the proximity format with the ability to open new stores quickly and an attractive product range comprising primarily branded and fresh products at competitive prices.

Dino stores offer their customers approx. 5,000 stock keeping units (SKUs), mostly well-known branded products and fresh products. The Dino Group offers its key products at prices similar to the largest grocery retail networks in Poland. One of the most important aspects differentiating the Dino Group from discount networks is that every store has a meat counter with counter staff. High quality meats, cold cuts and canned meats are primarily supplied by Agro-Rydzyna, a meat processing plant forming part of the Dino Group.

The Dino Group’s logistics network consists of three distribution centers located in Krotoszyn, Jastrowie and Piotrków Trybunalski. Its geographic range makes it possible to deliver fresh products to all of the stores in Dino’s network every day of the week.

The Company owns most of the land and properties on which Dino stores are located. Combined with a well-functioning business model, this allowed the Dino network to grow quickly in recent years, ramping up the number of stores from 111 at the end of 2010 to 718 at the end of September 2017.

The company has been listed on WSE’s main floor since April 2017. The Dino Group employed 11,420 people at the end of June 2017.