Director/PDMR Shareholding

RNS Number : 7165P

dotDigital Group plc

29 October 2012

 



29^th October 2012

dotDigital Group Plc

Directors' Share Dealings

dotDigital Group Plc (AIM:DOTD), the leading provider of intuitive software as a service and managed services to digital marketing professionals, announces that following the recent annual results announcement and a round of investor presentations by the Company, the directors have sold 12m shares to partially satisfy significant demand for 22m shares from a major institution at a price of 13.0 pence per share as per the below table.

Shareholding prior to disposal Shares Sold Shareholding following disposal Percentage Holding Director Peter Simmonds (SIPP)* 13,060,000 4,000,000 9,060,000 3.29% Peter Simmonds 6,899,999 0 6,899,999 2.51% Ian Taylor 53,876,667 4,000,000 49,876,667 18.11% Simon Bird 45,860,000 4,000,000 41,860,000 15.20% * *3.29% of Peter Simmonds holdings/voting rights has been held by Frank Nominees Limited who acts as the nominee for Alliance Trust Pensions Limited, which is the trustee of a SIPP established by Peter Anthony Simmonds. Frank Nominees is the vehicle used by Kleinwort Benson Limited to hold securities for clients, trusts, SIPP's etc. The beneficiary of the SIPP is Peter Anthony Simmonds.
Frank Beechinor, Chairman, Commented:

"We welcome the recent investment interest and support demonstrated by this highly regarded institutional investor following recent results presentations. We believe that our new shareholder has recognised that our growth strategy will generate significant returns for all of our shareholders."

 Enquiries:

dotDigital Group Plc Peter Simmonds, Chief Executive	Tel: [phone]
NOMAD and Co-Broker  - Zeus Capital Ross Andrews/Nick Cowles	Tel: [phone]
Co-Broker - Charles Stanley Securities      Dugald Carlean/ Karri Vuori	Tel: [phone]
Financial PR - Lisa Baderoon [e-mail]	Tel: [phone]

 

END

 

 

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