DGS.L Regulatory News (DGS)

Digital Globe Services, Ltd.

(the "Company" and together with its subsidiaries "DGS")

Transaction in Own Shares

Digital Globe Services, Ltd. (AIM: DGS), a leading provider of online customer acquisition solutions for large, consumer-facing organisations, announces that in accordance with the terms of the general authority to make market purchases of its own shares granted to it by the shareholders of the Company at the 12 November 2015 Annual General Meeting and the announcement by the Company on 21 September 2015 to undertake purchases of its own shares of up to $500,000, the Company on 3 December 2015 purchased 2,500 ordinary shares at a price of 72.93 pence per ordinary share and completed the purchase of 22,370 shares at a price 66.50 pence (the closing price on the date of acquisition) through the exercise of the Company's right of first refusal over the sale of a former director's shares.

The purchased ordinary shares will currently be held in treasury. Accordingly, the number of ordinary shares admitted to trading on AIM will currently remain unchanged at 29,926,472.

Following this announcement the Company will have 29,926,472 ordinary shares in issue, of which 44,665 will be held in treasury and the total number of voting rights in the Company will be 29,881,807.

The Company will be making additional purchases of its own shares in line with the above general authority when the Company considers it appropriate to do so.

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Overview of DGS

Founded in 2008 with offices in London, Bermuda, Netherlands, USA and Ireland, DGS is a specialist provider of outsourced online customer acquisition solutions for large, consumer-facing corporations. DGS delivers customers to its clients through optimised paid search, search engine optimization, 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. Paid search refers to the auction process for key search terms that search providers run and in which prospective advertisers, or their agents, compete in order to have their advertising or search results displayed. 

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 or valuable leads and inquiries to its clients.

DGS employs over 700 staff in Europe, North America and Asia. The Company currently has over 30 direct and indirect client relationships globally, many of which are with companies in the US Fortune 500.