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Directors' Dealings

3 Nov 2014 13:41

RNS Number : 0014W
dotDigital Group plc
03 November 2014
 



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 (%)

 

Ian "Tink" Taylor

31/10/2014

1,000,000

28.41p

39,276,667

13.82%

 

Simon Bird

31/10/2014

1,000,000

28.41p

31,276,667

11.00%

 

Peter Simmonds

31/10/2014

1,000,000

28.41p

8,591,469

3.02%

 

 

* 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:

 

"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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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