23rd Nov 2016 09:55
FOR IMMEDIATE RELEASE 23 NOVEMBER 2016
dotdigital Group plc ("dotdigital" or the "Company")
NOTIFICATION OF MAJOR INTEREST IN SHARES
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 JO Hambro Capital Management Limited in respect to its current shareholding in dotdigital.
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 | YES | |||
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 | J O HAMBRO CAPITAL MANAGEMENT LIMITED | |||
4. Full name of shareholder(s) (if different from 3.):iv | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 21 NOVEMBER 2016 | |||
6. Date on which issuer notified: | 22 NOVEMBER 2016 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | BELOW 5% | |||
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 | 14,895,000 | 14,895,000 | 14,000,000 |
14,000,000 |
|
4.76% | ||||||
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 | ||||||||
Total (A+B) | ||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||
14,000,000
| 4.76% | |||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
NOT APPLICABLE | ||
Proxy Voting: | ||
10. Name of the proxy holder: | - | |
11. Number of voting rights proxy holder will ceaseto hold: | - | |
12. Date on which proxy holder will cease to holdvoting rights: | - | |
13. Additional information: | - | |
14. Contact name: | Simon Gartery | |
15. Contact telephone number: | 0207 747 5637 | |
For further enquiries please contact:
dotdigital Group Plc Milan Patel, CEO & CFO www.dotdigitalgroup.com
|
Tel: 020 8662 2777 |
Financial PR and Investor Relations Lisa Baderoon
| Tel: 07721 413 496 |
N+1 Singer, NOMAD & Broker Shaun Dobson, Head of Corporate Finance Liz Yong, Corporate Finance
| Tel: 020 7496 3000 |
finnCap, Joint Broker Stuart Andrews, Corporate Finance
| Tel: 020 7220 0500 |
Related Shares:
dotDigital Group