Director and Employee Exercise of Options

RNS Number : 5411O

dotDigital Group plc

07 August 2014

 



dotDigital Group plc

7 August 2014

dotDigital Group plc

("dotDigital" or the "Company")

Director and Employee Exercise of Options

dotDigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a service and managed services to digital marketing professionals, announces that on 5 August 2014, 790,000 ordinary shares of 0.5 pence each in the capital of the Company ("Ordinary Shares") were issued and allotted pursuant to the exercise of options under the Group's approved Enterprise Management Incentive Share Option Scheme.

As part of this allotment Milan Patel, Chief Financial Officer and Executive Director, exercised options over a total of 660,000 Ordinary Shares of which 260,000 were exercised at a price of 5 pence per Ordinary Share and 400,000 were exercised at a price of 5.125 pence per Ordinary Share. Following this transaction the beneficial holding of Mr Patel is 1,042,078 Ordinary Shares, representing 0.37% of the current issued Ordinary Share capital of the Company.

An application for admission of the 790,000 new Ordinary Shares to trading on AIM has been submitted and trading is expected to commence on 12 August 2014.

The total number of shares in issue following the exercise of options is 283,572,065.

dotDigital Group Plc Peter Simmonds, Chief Executive Milan Patel, CFO www.dotdigitalgroup.com	Tel: [phone]
Financial PR and Investor Relations Lisa Baderoon [e-mail]	Tel: [phone]
N+1 Singer, NOMAD & Broker Shaun Dobson, Head of Corporate Finance Nick Donovan, Corporate Finance	Tel: [phone]
finnCap, Joint Broker Stuart Andrews, Corporate Finance	Tel: [phone]

 

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