REG - dotDigital Group plc - Directors' Dealing <Origin Href="QuoteRef">DOTD.L</Origin>

dotDigitalAnnouncement

08/03/2016 11:00

RNS Number : 3886R
dotDigital Group plc
08 March 2016
FOR IMMEDIATE RELEASE 8 MARCH 2016
dotdigital Group plc 
("dotdigital" or the "Company")
Directors' Dealing
dotdigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a Service and managed services to digital marketing professionals, announces that the Company was informed on 7 March 2016 that certain Directors of the Company as detailed below reduced their holdings in ordinary shares of 0.5 pence each in the capital the Company ("Ordinary Shares") in order to satisfy strong demand from institutional investors. 
Director
Date of Transaction
Number of Ordinary Shares disposed of
Price at which the Ordinary Shares were disposed of 
Beneficial holding of Ordinary Shares following this transaction
Beneficial holding of Ordinary Shares following this transaction (%)
Ian "Tink" Taylor
07/03/2016
2,500,000
42.29p
36,776,667
12.50%
Peter Simmonds
07/03/2016
600,000
42.29p
3,991,470
1.36%
Frank Beechinor
07/03/2016
100,000
42.29p
199,194
0.07%
Milan Patel
07/03/2016
400,000
42.29p
1,575,927
0.53%
Milan Patel, Interim CEO & CFO, commented:
"Whilst Directors still hold a significant position in dotdigital of over 20%, we are delighted with the investment interest in the Company demonstrated by a number of our highly regarded current institutional investors as well as introductions to new funds, which we believe will continue to strengthen our shareholder base over the medium and longer term. This follows on from our recent intensive and extremely positive Interim results roadshow."
For further enquiries please contact:
dotdigital Group Plc
Milan Patel, CEO & CFO
Tel: 020 8662 2777
Financial PR and Investor Relations
Lisa Baderoon
Lisa.Baderoon@dotmailer.com
Tel: 07721 413 496
N+1 Singer (Nominated Adviser and Joint 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

This information is provided by RNS
The company news service from the London Stock Exchange
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