22nd Apr 2016 09:28
FOR IMMEDIATE RELEASE 22 APRIL 2016
dotdigital Group plc
("dotdigital" or the "Company")
Liontrust Asset Management Increases Shareholding
dotdigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a Service and managed services to digital marketing professionals, announces that it has received a TR1 from Liontrust Asset Management ("Liontrust"), a longstanding shareholder, that it has increased its shareholding in the Company to 29,413,208.00 Ordinary Shares which takes Liontrust's current position to just over 10%.
Full disclosure of the TR1 is shown below:
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | DOTDIGITAL GROUP PLC | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | X | |||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||
An event changing the breakdown of voting rights | ||||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: iii | LIONTRUST INVESTMENT PARTNERS LLP | |||
4. Full name of shareholder(s) (if different from 3.):iv | N/A | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 20/04/2016 | |||
6. Date on which issuer notified: | 21/04/2016 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 10 % | |||
8. Notified details: | |||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||
GB00B3W40C23 | 29,238,208.00 | 29,238,208.00 | 29,413,208.00 | 29,413,208.00 | N/A | 10.021 % | N/A | ||||
B: Qualifying Financial Instruments | |||||||||||
Resulting situation after the triggering transaction | |||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||
N/A | N/A | N/A | N/A | N/A | |||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||
Resulting situation after the triggering transaction | ||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||
N/A | N/A | N/A | N/A | N/A | Nominal | Delta | ||
N/A | N/A | |||||||
Total (A+B+C) | ||||||||
Number of voting rights | Percentage of voting rights | |||||||
29,413,208.00 | 10.021 % | |||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||||||||
N/A | ||||||||
Proxy Voting: | ||||||||
10. Name of the proxy holder: | N/A | |||||||
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |||||||
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |||||||
13. Additional information: | ||||||||
14. Contact name: | Jarek Rys | |||||||
15. Contact telephone number: | 020 7412 1732 | |||||||
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