Last checked at 3 Nov 2014 13:41
dotDigital Group plc
("dotDigital" or the "Company")
Directors' Dealings
dotDigital Group Plc (AIM: DOTD), the leading provider of intuitive Software as a Service and managed services to digital marketing professionals, was notified on 3rd November 2014 that on 31st October 2014, certain Directors of the Company, as detailed below, reduced their holdings in ordinary shares of 0.5 pence each in the capital the Company ("Ordinary Shares"), in order to satisfy strong demand from institutional investors:
Director | Date of Transaction | Number of Ordinary Shares disposed of | Price at which the Ordinary Shares were disposed of | Beneficial holding of Ordinary Shares following this transaction | Beneficial holding of Ordinary Shares following this transaction (%) |
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Ian "Tink" Taylor | 31/10/2014 | 1,000,000 | 28.41p | 39,276,667 | 13.82% |
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Simon Bird | 31/10/2014 | 1,000,000 | 28.41p | 31,276,667 | 11.00% |
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Peter Simmonds | 31/10/2014 | 1,000,000 | 28.41p | 8,591,469 | 3.02% |
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* Frank Nominees Limited act as the nominees for the Alliance Trust Pensions Limited, which is the trustees of a SIPP established by Peter Simmonds. Frank Nominees is the vehicle used by Kleinwort Benson Limited. The beneficiary of the SIPP is Peter Simmonds. Following the disposal of shares, Peter's holding in the SIPP still remains at 6,077,972 which represents 2.14% of the issued share capital of the Company.
Peter Simmonds, Chief Executive, Commented:
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"We are once again delighted with the positive feedback we have received from both current shareholders and new institutions on this recent roadshow following the announcement of the Company's full year results. We welcome the investment interest in dotDigital demonstrated by a number of highly regarded institutional investors which we believe further strengthens our shareholder base over the medium and longer term."
For further enquiries please contact:
dotDigital Group Plc Peter Simmonds, Chief Executive Milan Patel, CFO & Company Secretary www.dotdigitalgroup.com | Tel: 020 3770 1502 |
Financial PR and Investor Relations Lisa Baderoon lisa.baderoon@dotdigitalgroup.co.uk | Tel: 07721 413 496 |
N+1 Singer, NOMAD & Broker Shaun Dobson, Head of Corporate Finance | Tel: 020 7496 3000 |
finnCap, Joint Broker Stuart Andrews, Corporate Finance Brian Patient, Corporate Broking | Tel: 020 7220 0500 |