REG - dotDigital Group plc - Director and Employee Exercise of Options <Origin Href="QuoteRef">DOTD.L</Origin>

dotDigitalAnnouncement

29/10/2014 11:08

RNS Number : 5411O
dotDigital Group plc
07 August 2014
dotDigital Group plc
7 August 2014
dotDigital Group plc
("dotDigital" or the "Company")
Director and Employee Exercise of Options
dotDigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a service and managed services to digital marketing professionals, announces that on 5 August 2014, 790,000 ordinary shares of 0.5 pence each in the capital of the Company ("Ordinary Shares") were issued and allotted pursuant to the exercise of options under the Group's approved Enterprise Management Incentive Share Option Scheme.
As part of this allotment Milan Patel, Chief Financial Officer and Executive Director, exercised options over a total of 660,000 Ordinary Shares of which 260,000 were exercised at a price of 5 pence per Ordinary Share and 400,000 were exercised at a price of 5.125 pence per Ordinary Share. Following this transaction the beneficial holding of Mr Patel is 1,042,078 Ordinary Shares, representing 0.37% of the current issued Ordinary Share capital of the Company.
An application for admission of the 790,000 new Ordinary Shares to trading on AIM has been submitted and trading is expected to commence on 12 August 2014.
The total number of shares in issue following the exercise of options is 283,572,065.
dotDigital Group Plc
Peter Simmonds, Chief Executive
Milan Patel, CFO
www.dotdigitalgroup.com
Tel: 020 7654 8686
Financial PR and Investor Relations
Lisa Baderoon
lisa.baderoon@dotdigitalgroup.co.uk
Tel: 07721 413 496
N+1 Singer, NOMAD & Broker
Shaun Dobson, Head of Corporate Finance
Nick Donovan, Corporate Finance
Tel: 020 7496 3000
finnCap, Joint Broker
Stuart Andrews, Corporate Finance
Tel: 020 7220 0500



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