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Director/PDMR Shareholding

29th Oct 2012 07:00

RNS Number : 7165P
dotDigital Group plc
29 October 2012
 



29th October 2012

dotDigital Group Plc

Directors' Share Dealings

dotDigital Group Plc (AIM:DOTD), the leading provider of intuitive software as a service and managed services to digital marketing professionals, announces that following the recent annual results announcement and a round of investor presentations by the Company, the directors have sold 12m shares to partially satisfy significant demand for 22m shares from a major institution at a price of 13.0 pence per share as per the below table.

 

Shareholding prior to disposal

Shares Sold

Shareholding following disposal

Percentage Holding

Director

Peter Simmonds (SIPP)*

13,060,000

4,000,000

9,060,000

3.29%

Peter Simmonds

6,899,999

0

6,899,999

2.51%

Ian Taylor

53,876,667

4,000,000

49,876,667

18.11%

Simon Bird

45,860,000

4,000,000

41,860,000

15.20%

 

* *3.29% of Peter Simmonds holdings/voting rights has been held by Frank Nominees Limited who acts as the nominee for Alliance Trust Pensions Limited, which is the trustee of a SIPP established by Peter Anthony Simmonds. Frank Nominees is the vehicle used by Kleinwort Benson Limited to hold securities for clients, trusts, SIPP's etc. The beneficiary of the SIPP is Peter Anthony Simmonds.

 

Frank Beechinor, Chairman, Commented:

 

"We welcome the recent investment interest and support demonstrated by this highly regarded institutional investor following recent results presentations. We believe that our new shareholder has recognised that our growth strategy will generate significant returns for all of our shareholders."

 Enquiries:

dotDigital Group Plc

Peter Simmonds, Chief Executive

Tel: 020 7654 8686

NOMAD and Co-Broker - Zeus Capital

Ross Andrews/Nick Cowles

 

Tel: 0161 831 1512

 

Co-Broker - Charles Stanley Securities

Dugald Carlean/ Karri Vuori

 

Tel: 020 7739 8200

 

Financial PR -

Lisa Baderoon

[email protected]

Tel: 07721 413 496

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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