Grant of Options

RNS Number : 5856J

dotDigital Group plc

22 December 2020

 

22 DECEMBER 2020

dotdigital Group Plc

("dotdigital or the Company")

Grant of Options

dotdigital Group Plc (AIM:DOTD), the leading 'SAAS' provider of an omnichannel marketing automation and customer engagement platform, announces it granted Milan Patel, Chief Executive Officer of the Company, 306,728 options over ordinary shares of 0.5 pence in the Company (the "Options") on 21 December 2020, pursuant to the dotdigital Performance Share Plan 2017.

The Options have a nominal exercise price and represent 0.1% of the Company's total voting rights. These become exercisable subject to hitting defined performance targets and continued employment. The performance measures are based on the Company's total shareholder return and earnings per share in 2023.

Following this grant of Options, the total number of options outstanding in the Company are 4,311,047, representing 1.4% of the Company's total voting rights.

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	Milan Patel
2	Reason for the notification
a)	Position/status	PDMR: Chief Executive 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	Grant of options over Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.5p 306,728
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	21 December 2020
f)	Place of the transaction	London Stock Exchange (XLON)

For further information please contact:

dotdigital Group Plc Milan Patel, CEO Paraag Amin, CFO	Tel: [phone] [e-mail]
Alma PR (Financial PR) Josh Royston David Ison Kieran Breheny	Tel: [phone] [e-mail]
Canaccord Genuity (Nominated Advisor and Joint Broker) Bobbie Hilliam Georgina McCooke Jonathan Barr, Sales	Tel: [phone]
finnCap (Joint Broker) Stuart Andrews, Corporate Finance Alice Lane, ECM Rhys Williams, Sales	Tel: [phone]
N+1 Singer (Joint Broker) Shaun Dobson, Head of Corporate Finance Alex Bond, Corporate Finance	Tel: [phone]

Prior to this announcement's release, the statement contained inside information for the purposes of Article 7 of Regulation (EU) 596/2014 (MAR) (Market Abuse Regulation).

 

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