Directors' Dealings

RNS Number : 0014W

dotDigital Group plc

03 November 2014

 



dotDigital Group plc

("dotDigital" or the "Company")

Directors' Dealings

dotDigital Group Plc (AIM: DOTD), the leading provider of intuitive Software as a Service and managed services to digital marketing professionals, was notified on 3^rd November 2014 that on 31^st October 2014, 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	31/10/2014	1,000,000	28.41p	39,276,667	13.82%
Simon Bird	31/10/2014	1,000,000	28.41p	31,276,667	11.00%
Peter Simmonds	31/10/2014	1,000,000	28.41p	8,591,469	3.02%
* Frank Nominees Limited act as the nominees for the Alliance Trust Pensions Limited, which is the trustees of a SIPP established by Peter Simmonds. Frank Nominees is the vehicle used by Kleinwort Benson Limited. The beneficiary of the SIPP is Peter Simmonds. Following the disposal of shares, Peter's holding in the SIPP still remains at 6,077,972 which represents 2.14% of the issued share capital of the Company.  Peter Simmonds, Chief Executive, Commented:

"We are once again delighted with the positive feedback we have received from both current shareholders and new institutions on this recent roadshow following the announcement of the Company's full year results. We welcome the investment interest in dotDigital demonstrated by a number of highly regarded institutional investors which we believe further strengthens our shareholder base over the medium and longer term."

For further enquiries please contact:

dotDigital Group Plc Peter Simmonds, Chief Executive Milan Patel, CFO & Company Secretary 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	Tel: [phone]
finnCap, Joint Broker Stuart Andrews, Corporate Finance Brian Patient, Corporate Broking	Tel: [phone]

 

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