dotDigital Group plc Holding(s) in Company (2546B)

TIDMDOTD

RNS Number : 2546B

dotDigital Group plc

15 June 2016

FOR IMMEDIATE RELEASE 15 JUNE 2016

dotdigital Group plc

("dotdigital" or the "Company")

NOTIFICATION OF MAJOR INTEREST IN SHARES

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 Polar Capital LLP ("Polar Capital") confirming its current holding in the Company of 11,310,067 Ordinary Shares taking its current position to 3.84%.

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                                     Yes 
--------------------------------------------------------------  ------------------------------------ 
 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)                                                         Polar Capital LLP 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction                                                               13.06.2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer                                                                  14.06.2016 
  notified: 
---------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are                                                                     <4% 
  crossed or 
  reached: (vi, vii) 
---------------------------------------------------------  ----------------------------------------- 
 
 
 
 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) 
-------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
 GB00B3W40C23   12,310,067       12,310,067       11,310,067     11,310,067                   3.84% 
               ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                       Number of voting               % of voting 
 financial           date           Conversion                      rights that                    rights 
 instrument          (xiii)         Period (xiv)                    may be 
                                                                    acquired if 
                                                                    the 
                                                                    instrument 
                                                                    is 
                                                                    exercised/ 
                                                                    converted. 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 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                                                                                            Nominal       Delta 
---------------  -------------  -------------  ---------------  -----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 11,310,067                                         3.84% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
----------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  -------------------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  -------------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  -------------------------------- 
 
 
  13. Additional information:                                    Polar Capital LLP - Operations 
                                                                                     Department 
-------------------------------------------------------------  -------------------------------- 
 14. Contact name:                                                                Stephen Amoah 
-------------------------------------------------------------  -------------------------------- 
 15. Contact telephone number:                                              [phone] 
-------------------------------------------------------------  -------------------------------- 
 
 

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

END

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June 15, 2016 04:30 ET (08:30 GMT)