13th Mar 2013 10:45
13 March 2013
dotDigital Group Plc
Notification of Major Interest - Liontrust
dotDigital Group Plc (AIM:DOTD), the leading provider of services based upon intuitive 'Email Marketing - Software as a Service' ("SaaS Products") to digital marketing professionals, announces that the Company has today been notified by Lion Trust Investment Partners LLP ("Liontrust") that it has increased its shareholding to 14,101,527 Ordinary Shares, representing a 5.11% shareholding in the Company.
The full TR1 form is shown at the end of this announcement.
Commenting on the announcement , Frank Beechinor, Chairman said: |
"We are delighted to have Liontrust as a significant shareholder in dotDigital. We have continually said that it is one of the Board's priorities to maintain and strengthen our blue chip shareholder base. We are therefore delighted that Liontrust has demonstrated its support for dotDigital's growth strategy by increasing its shareholding in our Company."
For further enquiries please contact:
dotDigital Group Plc Peter Simmonds, Chief Executive | Tel: 020 7654 8686 |
NOMAD and Co- Broker Zeus Capital Ross Andrews/Nick Cowles | Tel: 0161 831 1512 |
Co- Broker Charles Stanley Securities Dugald J.Carlean/Karri Vuori | Tel: 020 7739 8200 |
Financial PR and Investor Relations Lisa Baderoon | Tel: 07721 413 496 |
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 | 11/03/2013 | ||||
6. Date on which issuer notified: | 12/03/2013 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 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 | 13,500,000 | 13,500,000 | 14,101,527 | 14,101,527 | N/A | 5.11 % | 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 | |||||||||||||||
14,101,527 | 5.11 % | |||||||||||||||
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 | |
Related Shares:
dotDigital Group