10th Apr 2014 07:00
10 April 2014
Digital Globe Services, Ltd.
(the "Company" and together with its subsidiaries "DGS")
Director share dealings
Digital Globe Services, Ltd. (AIM: DGS), a leading provider of online customer acquisition solutions for large, consumer-facing organisations, announces that Anthony Watson (Non-Executive Director) has exercised options over 30,762 Common Shares of $0.001 each. The exercise has been satisfied by the transfer of 30,762 Common Shares from the Company's SOP Trust to Mr. Watson. Following the exercise of the options, the Company was informed on 9 April 2014 that Anthony Watson has sold 30,762 Common Shares in DGS at a price of 192 pence per Common Share.
Following the exercise and sale of these options, Mr Watson retains options over 33,416 Common Shares in the Company.
In addition, the Company was informed on 8 April 2014 that certain employees have exercised options over 54,000 Common Shares of $0.001 each. The exercise will be satisfied by the transfer of 54,000 already issued Common Shares from the Company's SOP Trust to the individuals in question.
As of the date of this announcement and following the exercise of these options, the Company's issued share capital therefore remains unchanged at 29,926,472 Common Shares with a nominal value of $0.001 each and each carrying one voting right. The figure of 29,926,472 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 Company under the FCA's Disclosure and Transparency Rules.
Assuming that no further options are exercised between now and the Company's record date of 11 April 2014, the number of shares which will rank for dividend at the record date will be 27,572,338 (excluding the 2,354,134 Common Shares currently held in the SOP Trust, which do not rank for dividend until options are exercised). The interim dividend, as announced by the Company on 28 March 2014, is therefore equivalent to approximately 6.17 US cents per dividend ranking share.
For further information please contact:
Digital Globe Services, Ltd. | www.dgsworld.com |
Jeff Cox, CEO | +1 303 736 2105 |
N+1 Singer | |
Shaun Dobson / Aubrey Powell/ Matt Thomas | +44 20 7496 3000 |
Newgate Threadneedle | +44 20 7653 9850 |
Hilary Millar / Caroline Evans-Jones / Josh Royston / Jasper Randall | |
Overview of DGS
Founded in 2008 with offices in London, Bermuda, Netherlands, USA and Ireland, DGS is a specialist provider of outsourced online customer acquisition solutions for large, consumer-facing corporations. DGS delivers customers to its clients through optimised paid search, integrated websites and contact centre support, receiving a fee for each customer acquired for its clients.
DGS is seeking to establish itself as the leading international provider of outsourced online customer acquisition services, through its focus on having the premier technology platform for pricing and procuring paid search advertising on a cost effective basis. Paid search refers to the auction process for key search terms that search providers run and in which prospective advertisers, or their agents, compete in order to have their advertising or search results displayed.
By using its optimizing technology platform, dgSMART, and its experience of website management, efficient contact centre operations and other process expertise, DGS is able to bid appropriately and cost effectively for search terms in order to achieve conversion rates that deliver profitable, high quality customers to its clients
DGS employs approximately 600 staff in Europe, North America and Asia. The Company currently has over 30 direct and indirect client relationships globally, many of which are with companies in the US Fortune 500. In 2012, DGS commenced operations in Canada and Mexico, and is pursuing further growth opportunities in Latin America, Europe, and Asia Pacific. DGS has also recently started providing its customer acquisition services to the home automation and renewable energy sector, and is examining additional opportunities in the insurance, retail banking, utility and consumer technology sectors.
Related Shares:
DGS.L