dotDigital Group plc Holding(s) in Company (1616B)

TIDMDOTD

RNS Number : 1616B

dotDigital Group plc

14 June 2016

FOR IMMEDIATE RELEASE 14 JUNE 2016

dotdigital Group plc

("dotdigital" or the "Company")

Liontrust Increases Shareholding to over 11%

dotdigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a Service and managed services to digital marketing professionals, announces that it has received a TR1 from Liontrust Asset Management ("Liontrust"), a longstanding shareholder, that it has further increased its shareholding in the Company to 32,563,764.00 Ordinary Shares. This takes Liontrust's current position to just over 11%.

Full disclosure of the TR1 is shown below:

 
 1. Identity of the issuer or                                DOTDIGITAL GROUP PLC 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------  ------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
-------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                         X 
------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------  ------------------------------ 
 An event changing the breakdown of voting rights 
------------------------------------------------------  ------------------------------ 
 Other (please 
  specify): 
----------------------------------------------------    ------------------------------ 
 3. Full name of person(s)                              LIONTRUST INVESTMENT PARTNERS 
  subject to the                                                      LLP 
  notification obligation: 
  (iii) 
-----------------------------------------------------  ------------------------------- 
 4. Full name of shareholder(s)                                      N/A 
  (if different from 3.):(iv) 
-----------------------------------------------------  ------------------------------- 
 5. Date of the transaction                                       10/06/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------  ------------------------------- 
 6. Date on which issuer                                          13/06/2016 
  notified: 
-----------------------------------------------------  ------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                 11 % 
-----------------------------------------------------  ------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                      Resulting situation after the 
  of              to the triggering                       triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  --------------------------------------  -------------------------------------------------------------------------- 
                 Number              Number              Number            Number of                      % of voting 
                  of                  of                  of shares         voting                         rights (x) 
                  Shares              Voting                                rights 
                                      Rights 
--------------  ------------------  ------------------  ----------------  -----------------------------  ------------------------- 
                                                         Direct            Direct            Indirect       Direct      Indirect 
                                                                            (xi)              (xii) 
--------------      --------------    --------------    ----------------  ----------------  -----------  ------------  ----------- 
 
                                                                                                             11.07 
  GB00B3W40C23   32,063,764.00       32,063,764.00       32,563,764.00     32,563,764.00        N/A            %           N/A 
                ------------------  ------------------  ----------------  ----------------  -----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration        Exercise/                             Number of voting                 % of voting 
  instrument          date              Conversion                            rights that                      rights 
                      (xiii)            Period (xiv)                          may be 
                                                                              acquired if 
                                                                              the 
                                                                              instrument 
                                                                              is 
                                                                              exercised/ 
                                                                              converted. 
------------------  ----------------  ------------------------------------  -------------------------------  --------------------- 
        N/A                N/A                         N/A                                N/A                         N/A 
------------------  ----------------  ------------------------------------  -------------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------------- 
 Type of           Exercise          Expiration        Exercise/           Number of voting                 % of voting 
 financial          price            date              Conversion           rights instrument                rights (xix, 
 instrument                          (xvii)            period               refers to                        xx) 
                                                       (xviii) 
----------------  ----------------  ----------------  ------------------  -------------------------------  ----------------------- 
       N/A               N/A               N/A                N/A                       N/A                 Nominal       Delta 
----------------  ----------------  ----------------  ------------------  -------------------------------  ------------  --------- 
                                                                                                                N/A         N/A 
--------------      --------------    --------------      --------------    --------------  -----------    ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                   Percentage of voting rights 
--------------------------------------------------------  ------------------------------------------------------------------------ 
                      32,563,764.00                                                        11.07 % 
--------------------------------------------------------  ------------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------- 
 
                                   N/A 
 
 Proxy Voting: 
----------------------------------------------------------------------- 
 10. Name of the proxy holder:                                 N/A 
-------------------------------------------------------  -------------- 
 11. Number of voting rights proxy                             N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  -------------- 
 12. Date on which proxy holder will                           N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  -------------- 
 
 
  13. Additional information: 
-------------------------------------------------------  -------------- 
 14. Contact name:                                          Jarek Rys 
-------------------------------------------------------  -------------- 
 15. Contact telephone number:                            020 7412 1732 
-------------------------------------------------------  -------------- 
 
 

For further enquiries please contact:

 
 dotdigital Group Plc           Tel: [phone] 
  Milan Patel, CEO & CFO 
-----------------------------  ------------------- 
 Financial PR and Investor      Tel: [phone] 
  Relations                      496 
  Lisa Baderoon 
  [e-mail] 
-----------------------------  ------------------- 
 N+1 Singer (Nominated          Tel: [phone] 
  Adviser and Joint Broker) 
  Shaun Dobson, Head of 
  Corporate Finance 
  Liz Yong, Corporate Finance 
-----------------------------  ------------------- 
 finnCap (Joint Broker)         Tel: [phone] 
  Stuart Andrews, Corporate 
  Finance 
-----------------------------  ------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 14, 2016 08:08 ET (12:08 GMT)