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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
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