18th May 2017 07:00
FOR IMMEDIATE RELEASE 18 MAY 2017
dotdigital Group plc
("dotdigital" or the "Company")
Liontrust Investment Partners Increases Shareholding to 20.22%
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 Investment Partners LLP ("Liontrust"), a longstanding shareholder, confirming that it has again increased its shareholding in dotdigital to 59,730,575 Ordinary Shares which takes Liontrust's current position to 20.22%.
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 | 16/05/2017 | ||||||||||||||||
6. Date on which issuer notified: | 17/05/2017 | ||||||||||||||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 20% | ||||||||||||||||
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
| 57,652,916 | 57,652,916 | 59,730,575 | 59,730,575 | N/A | 20.22% | 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 | ||||||||||||||||
59,730,575 | 20.22% | ||||||||||||||||
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: | Shehzad Chowdhury | |
15. Contact telephone number: | 020 3908 8713 | |
For further enquiries please contact:
dotdigital Group PlcMilan Patel, CEO | 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