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

dotDigitalAnnouncement

03/11/2014 14:40

RNS Number : 0014W
dotDigital Group plc
03 November 2014
dotDigital Group plc
("dotDigital" or the "Company")
Directors' Dealings
dotDigital Group Plc (AIM: DOTD), the leading provider of intuitive Software as a Service and managed services to digital marketing professionals, was notified on 3rd November 2014 that on 31st October 2014, 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
31/10/2014
1,000,000
28.41p
39,276,667
13.82%
Simon Bird
31/10/2014
1,000,000
28.41p
31,276,667
11.00%
Peter Simmonds
31/10/2014
1,000,000
28.41p
8,591,469
3.02%
* Frank Nominees Limited act as the nominees for the Alliance Trust Pensions Limited, which is the trustees of a SIPP established by Peter Simmonds. Frank Nominees is the vehicle used by Kleinwort Benson Limited. The beneficiary of the SIPP is Peter Simmonds. Following the disposal of shares, Peter's holding in the SIPP still remains at 6,077,972 which represents 2.14% of the issued share capital of the Company.
Peter Simmonds, Chief Executive, Commented:
"We are once again delighted with the positive feedback we have received from both current shareholders and new institutions on this recent roadshow following the announcement of the Company's full year results. We welcome the investment interest in dotDigital demonstrated by a number of highly regarded institutional investors which we believe further strengthens our shareholder base over the medium and longer term."
For further enquiries please contact:
dotDigital Group Plc
Peter Simmonds, Chief Executive
Milan Patel, CFO & Company Secretary
www.dotdigitalgroup.com
Tel: 020 3770 1502
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
Tel: 020 7496 3000
finnCap, Joint Broker
Stuart Andrews, Corporate Finance
Brian Patient, Corporate Broking
Tel: 020 7220 0500

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