REG - dotDigital Group plc - Exercise of Options <Origin Href="QuoteRef">DOTD.L</Origin>
RNS Number : 5011VdotDigital Group plc07 August 20157 August 2015
dotDigital Group plc
("dotDigital" or the "Company")
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 pursuant to an exercise of share options under the Company's approved Enterprise Management Incentive Share Option Scheme today, it has issued and allotted 1,200,000 ordinary shares of 0.5p each ("Ordinary Shares"). Application has been made for the 1,200,000 new Ordinary Shares to be admitted to trading on AIM which is expected to occur on or about 13 August 2015.
As part of this allotment, Milan Patel, Chief Financial Officer and Executive Director of the Company, exercised share options over a total of 400,000 Ordinary Shares at a price of 7.25 pence per Ordinary Share. Following this exercise, the beneficial holding of Mr Patel is 1,442,078 Ordinary Shares, representing 0.50% of the total voting rights of the Company.
Following this allotment, the Company's issued share capital consists of 289,712,065 Ordinary Shares of which a total of 660,000 Ordinary Shares are held in treasury. Therefore, the total number of Ordinary Shares with voting rights in the Company is 289,052,065.
The above figure of 289,052,065 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further enquiries please contact:
dotDigital Group Plc
Simone Barratt, Chief Executive
Milan Patel, CFO
Tel: 020 3770 1502
Financial PR and Investor Relations
Lisa Baderoon
Tel: 07721 413 496
N+1 Singer, NOMAD & Broker
Shaun Dobson, Head of Corporate Finance
Alex Wright, 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 RNSThe company news service from the London Stock ExchangeENDRDSEASPXEADSEFF
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