Digital Globe Services Limited Director/PDMR Shareholding (2283Q)

TIDMDGS

RNS Number : 2283Q

Digital Globe Services Limited

28 November 2016

Digital Globe Services, Ltd.

(the "Company", the "Group" and together with its subsidiaries "DGS")

Exercise of Options and Director Share Dealing

Digital Globe Services, Ltd. (AIM: DGS), a leading provider of digital marketing solutions for large, consumer-facing organisations, was notified on 25 November 2016 that David Flowers, a Non-Executive Director of the Company, has exercised options over Common Shares of $0.001 each. The exercise will be satisfied by the transfer of 46,532 Common Shares from the Company's ESOP Trust. David Flowers has subsequently sold 46,532 ordinary shares of $0.001 each in the Company at an average price of 58.0 pence per ordinary share. Following this transaction, Mr. Flowers no longer has a holding in the Company.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information please contact:

 
 Digital Globe Services,     www.dgsworld.com 
  Ltd. 
 Jeff Cox, CEO               [phone] 
 
 Panmure Gordon (UK) 
  Limited 
 Karri Vuori / Andrew 
  Godber/ James Greenwood 
  / William Wickham           [phone] 
 
 
 Alma PR                      [phone] 
  Josh Royston/               / 
  Hilary Buchanan             [phone] 
 
 
 

Overview of DGS

Founded in 2008 with offices in London, Bermuda, Netherlands, USA and Ireland, DGS is a specialist provider of outsourced online customer, lead, and inquiry acquisition and digital media solutions for large, consumer-facing corporations. DGS delivers customers to its clients through optimised paid search, search engine optimization, mobile, integrated websites, e-mail, social media and contact centre support, receiving a fee for each customer acquired for its clients.

DGS is seeking to establish itself as the leading international provider of outsourced online customer, lead and inquiry acquisition, services, through its focus on having the premier technology platform in the industry. By using its optimising technology platform, dgSMART, and its experience of website management and digital media customer acquisition, efficient contact centre operations and other process expertise, DGS is able to acquire customers and achieve conversion rates that deliver profitable, high quality customers and valuable leads and inquiries to its clients.

DGS employs over 700 staff in Europe, North America and Asia. The Company currently has over 100 direct and indirect client relationships globally, many of which are with companies in the US Fortune 500.

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------- 
 a)   Name                David Flowers 
---  ------------------  ----------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status     Non-Executive Director 
---  ------------------  ----------------------------------- 
 b)   Initial             Initial notification 
       notification 
       /Amendment 
---  ------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------- 
 a)   Name                Digital Globe Services, Ltd. 
---  ------------------  ----------------------------------- 
 b)   LEI                 n/a 
---  ------------------  ----------------------------------- 
 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         Ordinary shares of $0.001 each 
       of the financial    London Stock Exchange, AIM, DGS.L 
       instrument,         ISIN Code: BMG2870A1036 
       type of 
       instrument 
 
       Identification 
       code 
---  ------------------  ----------------------------------- 
 b)   Nature of           Exercise of options 
       the transaction     Sale of ordinary shares 
---  ------------------  ----------------------------------- 
 c)   Price(s)               Price(s)     Volume(s) 
       and volume(s)        ------------  ---------- 
                             58.0 pence     46,532 
                            ------------  ---------- 
---  ------------------  ----------------------------------- 
 d)   Aggregated 
       information          46,532 ordinary shares 
                            Average price of 58.0 pence per 
                            ordinary share 
       - Aggregated         Total consideration of GBP26,786 
       volume 
 
 
       - Price 
---  ------------------  ----------------------------------- 
 e)   Date of             25 November 2016 
       the transaction 
---  ------------------  ----------------------------------- 
 f)   Place of            n/a 
       the transaction 
---  ------------------  ----------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 28, 2016 02:00 ET (07:00 GMT)