28 Nov 2016 07:00
Digital Globe Services, Ltd.
(the "Company", the "Group" and together with its subsidiaries "DGS")
Exercise of Options and Director Share Dealing
Digital Globe Services, Ltd. (AIM: DGS), a leading provider of digital marketing solutions for large, consumer-facing organisations, was notified on 25 November 2016 that David Flowers, a Non-Executive Director of the Company, has exercised options over Common Shares of $0.001 each. The exercise will be satisfied by the transfer of 46,532 Common Shares from the Company's ESOP Trust. David Flowers has subsequently sold 46,532 ordinary shares of $0.001 each in the Company at an average price of 58.0 pence per ordinary share. Following this transaction, Mr. Flowers no longer has a holding in the Company.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information please contact:
Digital Globe Services, Ltd. | www.dgsworld.com |
Jeff Cox, CEO | +1 303 736 2105
|
Panmure Gordon (UK) Limited | |
Karri Vuori / Andrew Godber/ James Greenwood / William Wickham
| +44 207 886 2500 |
Alma PR Josh Royston/Hilary Buchanan | +44 7780 901 979 /+44 7515 805 218 |
Overview of DGS
Founded in 2008 with offices in London, Bermuda, Netherlands, USA and Ireland, DGS is a specialist provider of outsourced online customer, lead, and inquiry acquisition and digital media solutions for large, consumer-facing corporations. DGS delivers customers to its clients through optimised paid search, search engine optimization, mobile, integrated websites, e-mail, social media and contact centre support, receiving a fee for each customer acquired for its clients.
DGS is seeking to establish itself as the leading international provider of outsourced online customer, lead and inquiry acquisition, services, through its focus on having the premier technology platform in the industry. By using its optimising technology platform, dgSMART, and its experience of website management and digital media customer acquisition, efficient contact centre operations and other process expertise, DGS is able to acquire customers and achieve conversion rates that deliver profitable, high quality customers and valuable leads and inquiries to its clients.
DGS employs over 700 staff in Europe, North America and Asia. The Company currently has over 100 direct and indirect client relationships globally, many of which are with companies in the US Fortune 500.
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| David Flowers | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-Executive Director | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Digital Globe Services, Ltd.
| ||||
b)
| LEI
| n/a | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of $0.001 each London Stock Exchange, AIM, DGS.L ISIN Code: BMG2870A1036 | ||||
b)
| Nature of the transaction
| Exercise of options Sale of ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
46,532 ordinary shares Average price of 58.0 pence per ordinary share Total consideration of £26,786
| ||||
e)
| Date of the transaction
| 25 November 2016 | ||||
f)
| Place of the transaction
| n/a | ||||