8th Mar 2016 10:55
FOR IMMEDIATE RELEASE 8 MARCH 2016
dotdigital Group plc
("dotdigital" or the "Company")
Directors' Dealing
dotdigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a Service and managed services to digital marketing professionals, announces that the Company was informed on 7 March 2016 that 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 | 07/03/2016 | 2,500,000 | 42.29p | 36,776,667 | 12.50% |
Peter Simmonds | 07/03/2016 | 600,000 | 42.29p | 3,991,470 | 1.36% |
Frank Beechinor | 07/03/2016 | 100,000 | 42.29p | 199,194 | 0.07% |
Milan Patel | 07/03/2016 | 400,000 | 42.29p | 1,575,927 | 0.53% |
Milan Patel, Interim CEO & CFO, commented: | |||||
"Whilst Directors still hold a significant position in dotdigital of over 20%, we are delighted with the investment interest in the Company demonstrated by a number of our highly regarded current institutional investors as well as introductions to new funds, which we believe will continue to strengthen our shareholder base over the medium and longer term. This follows on from our recent intensive and extremely positive Interim results roadshow."
For further enquiries please contact:
dotdigital Group PlcMilan Patel, CEO & CFO | Tel: 020 8662 2777 |
Financial PR and Investor RelationsLisa Baderoon[email protected] | Tel: 07721 413 496 |
N+1 Singer (Nominated Adviser and Joint Broker)Shaun Dobson, Head of Corporate FinanceLiz Yong, Corporate Finance | Tel: 020 7496 3000 |
finnCap (Joint Broker)Stuart Andrews, Corporate Finance | Tel: 020 7220 0500 |
Related Shares:
dotDigital Group