Exercise of Options, PDMR Dealing and TVR

RNS Number : 3636X

dotDigital Group plc

18 December 2019

 

dotdigital Group plc

("dotdigital" or the "Company")

Exercise of Options, PDMR Dealing and Total Voting Rights

dotdigital Group Plc (AIM:DOTD), the leading 'SaaS' provider of an omnichannel marketing automation and customer engagement platform, announces that it has today issued and allotted 517,080 ordinary shares of 0.5p each ("Ordinary Shares") following an exercise of options ("Options") by employees of the Company.

Steve Shaw, CTO and a PDMR, has exercised options 267,080 Ordinary Shares, subsequent to which, he sold 145,000 Ordinary Shares to satisfy the exercise and tax liability arising from the option exercise. Following the exercise of options and sale of shares, Steve Shaw's total shareholding is 398,450 Ordinary Shares, representing 0.13 per cent. of the total share capital of the Company.

Philip Draper, GM and a PDMR, has exercised options 250,000 Ordinary Shares, subsequent to which, he sold 87,000 Ordinary Shares to satisfy the exercise and tax liability arising from the option exercise. Following the exercise of options and sale of shares, Philip Draper's total shareholding is 513,000 Ordinary Shares, representing 0.17 per cent. of the total share capital of the Company.

Pursuant to the exercise of the Options, an application has been made to the London Stock Exchange for 517,080 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 24 December 2019.

Following this allotment, the Company's issued share capital will consist of 298,547,645 Ordinary Shares of which a total of 660,000 Ordinary Shares are held in treasury. Therefore, the total number of Ordinary Shares with voting rights in the Company will be 297,887,645.

The above figure of 297,887,645 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

For further enquiries please contact:

dotdigital Group Plc Milan Patel, CEO Paraag Amin, CFO	Tel: [phone]
Alma PR (Financial PR) Hilary Buchanan Josh Royston	Tel: [phone]
Canaccord Genuity (Nominated Advisor and Joint Broker) Bobbie Hilliam Georgina McCooke Jonathan Barr-Sales	Tel: [phone]
N+1 Singer (Nominated Adviser and Joint Broker) Shaun Dobson, Head of Corporate Finance Liz Yong, Corporate Finance	Tel: [phone]
finnCap (Joint Broker) Stuart Andrews, Corporate Finance Rhys Williams, Sales	Tel: [phone]

Notification and public disclosure of transactions by person discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve Shaw
2	Reason for the notification
a)	Position/status	PDMR: Chief Technology Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	dotdigital Group plc
b)	LEI	2138006LZ7HHQ6DWFD42
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.5 pence each  GB00B3W40C23
b)	Nature of the transaction	(i)           Exercise of options over Ordinary Shares (ii)          Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) (i)           40.25p (ii)          92p (i)           267,080 (ii)          145,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	(i)           18 December 2019 (ii)          18 December 2019
f)	Place of the transaction	(i)           Outside of trading venue (ii)          London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Draper
2	Reason for the notification
a)	Position/status	PDMR: General Manager EMEA
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	dotdigital Group plc
b)	LEI	2138006LZ7HHQ6DWFD42
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.5 pence each  GB00B3W40C23
b)	Nature of the transaction	(i)           Exercise of options over Ordinary Shares (ii)          Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) (i)           28.5p (ii)          92p (i)           250,000 (ii)          87,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	(i)           18 December 2019 (ii)          18 December 2019
f)	Place of the transaction	(i)           Outside of trading venue (ii)          London Stock Exchange (XLON)

 

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