Holding(s) in Company

RNS Number : 1616B

dotDigital Group plc

14 June 2016

 

FOR IMMEDIATE RELEASE                                                                                 14 JUNE 2016

dotdigital Group plc

("dotdigital" or the "Company")

Liontrust Increases Shareholding to over 11%

dotdigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a Service and managed services to digital marketing professionals, announces that it has received a TR1 from Liontrust Asset Management ("Liontrust"), a longstanding shareholder, that it has further increased its shareholding in the Company to 32,563,764.00 Ordinary Shares. This takes Liontrust's current position to just over 11%.

Full disclosure of the TR1 is shown below:

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			DOTDIGITAL GROUP PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		LIONTRUST INVESTMENT PARTNERS LLP
4. Full name of shareholder(s)  (if different from 3.):iv		N/A
5. Date of the transaction and date on which the threshold is crossed or reached: v		10/06/2016
6. Date on which issuer notified:		13/06/2016
7. Threshold(s) that is/are crossed or reached: vi, vii		11 %

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B3W40C23

32,063,764.00

32,063,764.00

32,563,764.00

32,563,764.00

N/A

11.07  %

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

32,563,764.00

11.07  %

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
N/A
Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:
14. Contact name:	Jarek Rys
15. Contact telephone number:	020 7412 1732

For further enquiries please contact:

dotdigital Group Plc Milan Patel, CEO & CFO	Tel: [phone]
Financial PR and Investor Relations Lisa Baderoon [e-mail]	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	Tel: [phone]

 

END

 

 

HOLUSRURNVANAAR