REG - dotDigital Group plc - Grant of Options

dotDigitalAnnouncement

22/12/2020 16:35

RNS Number : 5856J
  
dotDigital Group plc
  
22 December 2020
  
 

22 DECEMBER 2020
dotdigital Group Plc
("dotdigital or the Company")
 
 
Grant of Options


dotdigital Group Plc (AIM:DOTD), the leading 'SAAS' provider of an omnichannel marketing automation and customer engagement platform, announces it granted Milan Patel, Chief Executive Officer of the Company, 306,728 options over ordinary shares of 0.5 pence in the Company (the "Options") on 21 December 2020, pursuant to the dotdigital Performance Share Plan 2017. 
The Options have a nominal exercise price and represent 0.1% of the Company's total voting rights. These become exercisable subject to hitting defined performance targets and continued employment. The performance measures are based on the Company's total shareholder return and earnings per share in 2023.
Following this grant of Options, the total number of options outstanding in the Company are 4,311,047, representing 1.4% of the Company's total voting rights.
 
 
Notification and public disclosure of transactions by person discharging managerial responsibilities and persons closely associated with them
 




1
 


Details of the person discharging managerial responsibilities / person closely associated




a)
 


Name


Milan Patel
 




2
 


Reason for the notification




a)
 


Position/status 


PDMR: Chief Executive Officer




b)
 


Initial notification /Amendment
 


Initial Notification




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)
 


Name


dotdigital Group plc




b)
 


LEI


2138006LZ7HHQ6DWFD42




4
 


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)
 


Description of the financial instrument, type of instrument
Identification code
 


Ordinary shares of 0.5 pence each
 GB00B3W40C23




b)
 


Nature of the transaction
 


Grant of options over Ordinary Shares
 




c)
 


Price(s) and volume(s)
 






Price(s)
 


Volume(s)




0.5p


306,728
 
 




 




d)
 


Aggregated information
- Aggregated volume
- Price
 


 
 N/A




e)
 


Date of the transaction
 


21 December 2020
 




f)
 


Place of the transaction
 


London Stock Exchange (XLON)




 
 
For further information please contact:
 




dotdigital Group Plc

Milan Patel, CEO

Paraag Amin, CFO


Tel: 020 3953 3072
InvestorRelations@dotdigital.com




 


 




Alma PR (Financial PR)
Josh Royston
David Ison
Kieran Breheny


Tel: 020 3405 0210
dotdigital@almapr.co.uk




 


 




Canaccord Genuity (Nominated Advisor and Joint Broker)

Bobbie Hilliam
Georgina McCooke
Jonathan Barr, Sales


Tel: 020 7523 8000




 


 




finnCap (Joint Broker)

Stuart Andrews, Corporate Finance

Alice Lane, ECM
Rhys Williams, Sales


Tel: 020 7220 0500




 


 




N+1 Singer (Joint Broker)

Shaun Dobson, Head of Corporate Finance
Alex Bond, Corporate Finance


Tel: 020 7496 3000




 
Prior to this announcement's release, the statement contained inside information for the purposes of Article 7 of Regulation (EU) 596/2014 (MAR) (Market Abuse Regulation).
 
                                                                   

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