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DOTDIGITAL GROUP PLC Director's Dealing 2016

Mar 8, 2016

7604_dirs_2016-03-08_43af47bc-69fa-403f-9c22-95727a9766b9.html

Director's Dealing

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RNS Number : 3886R

dotDigital Group plc

08 March 2016

FOR IMMEDIATE RELEASE                                                                                                                           8 MARCH 2016

dotdigital Group plc

("dotdigital" or the "Company")

Directors' Dealing

dotdigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a Service and managed services to digital marketing professionals, announces that the Company was informed on 7 March 2016 that 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 07/03/2016 2,500,000 42.29p 36,776,667 12.50%
Peter Simmonds 07/03/2016 600,000 42.29p 3,991,470 1.36%
Frank Beechinor 07/03/2016 100,000 42.29p 199,194 0.07%
Milan Patel 07/03/2016 400,000 42.29p 1,575,927 0.53%
Milan Patel, Interim CEO & CFO, commented:

"Whilst Directors still hold a significant position in dotdigital of over 20%, we are delighted with the investment interest in the Company demonstrated by a number of our highly regarded current institutional investors as well as introductions to new funds, which we believe will continue to strengthen our shareholder base over the medium and longer term. This follows on from our recent intensive and extremely positive Interim results roadshow."

For further enquiries please contact:

dotdigital Group Plc

Milan Patel, CEO & CFO
Tel: 020 8662 2777
Financial PR and Investor Relations

Lisa Baderoon

[email protected]
Tel: 07721 413 496
N+1 Singer (Nominated Adviser and Joint Broker)

Shaun Dobson, Head of Corporate Finance

Liz Yong, Corporate Finance
Tel: 020 7496 3000
finnCap (Joint Broker)

Stuart Andrews, Corporate Finance
Tel: 020 7220 0500

This information is provided by RNS

The company news service from the London Stock Exchange

END

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