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1 Nov 2013 09:18
FOR IMMEDIATE RELEASE 1 November 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, was notified on 31 October that on 30 October 2013, 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 | 30/10/2013 | 1,100,000 | 21p | 43,776,667 | 15.80% |
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Simon Bird | 30/10/2013 | 1,100,000 | 21p | 35,776,667 | 12.89% |
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Frank Nominees Limited* | 30/10/2013 | 2,000,000 | 21p | 7,060,000 | 2.54% |
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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 from the SIPP, Peter's combined holding is 12,073,841 which represents 4.35% of the issued share capital. 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 on this recent roadshow following the announcement of the Company's final results and the announcement that we would propose a maiden final dividend at the 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 |
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