Last checked at 18 Oct 2013 16:50
FOR IMMEDIATE RELEASE 18 OCTOBER 2013
dotDigital Group plc
("dotDigital" or the "Company")
Director's Dealings
dotDigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a Service and managed services to digital marketing professionals, announces that between 17 and 18 October, 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 | 17/10/2013 | 5,000,000 | 19.96p | 44,876,667 | 16.26% |
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Simon Bird
| 17/10/2013 | 5,000,000 | 19.96p | 36,876,667 | 13.36% |
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Peter Simmonds | 17/10/2013 | 2,000,000 | 19.96p | 14,073,841 | 5.1% |
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Frank Beechinor | 17/10/2013 | 125,000 | 20.25p | 549,194 | 0.20% |
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Frank Beechinor | 18/10/2013 | 250,000 | 21.46p | 299,194 | 0.11% |
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Peter Simmonds, Chief Executive, Commented: |
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"We are delighted with the positive feedback we have received from both current shareholders and new institutions following publication of the Company's Final Results and the announcement that we will propose a maiden final dividend at the forthcoming AGM. We welcome the investment interest in dotDigital demonstrated by a number of highly regarded new institutional investors which we believe can only strengthen our shareholder base over the medium and longer term."
For further enquiries please contact:
dotDigital Group Plc Peter Simmonds, Chief Executive www.dotdigitalgroup.com | Tel: 020 7654 8686 |
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 Nick Donovan, Corporate Finance Graeme Summers, Head of Corporate Broking
| Tel: 020 7496 3000 |
finnCap, Joint Broker Stuart Andrews, Corporate Finance Brian Patient, Corporate Broking
| Tel: 020 7220 0500 |