14th Jun 2016 13:08
FOR IMMEDIATE RELEASE 14 JUNE 2016
dotdigital Group plc
("dotdigital" or the "Company")
Liontrust Increases Shareholding to over 11%
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 further increased its shareholding in the Company to 32,563,764.00 Ordinary Shares. This takes Liontrust's current position to just over 11%.
Full disclosure of the TR1 is shown below:
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 | 10/06/2016 | |||
6. Date on which issuer notified: | 13/06/2016 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 11 % | |||
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 | 32,063,764.00 | 32,063,764.00 | 32,563,764.00 | 32,563,764.00 | N/A | 11.07 % | 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 | |||||||||||||||
32,563,764.00 | 11.07 % | |||||||||||||||
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