dotDigital Group plc Director/PDMR Shareholding (6278P)
18 November 2016 - 6:09PM
UK Regulatory
TIDMDOTD
RNS Number : 6278P
dotDigital Group plc
18 November 2016
FOR IMMEDIATE RELEASE 18 NOVEMBER 2016
dotdigital Group plc
("dotdigital" or the "Company")
Director/PDMR Shareholding
dotdigital Group Plc (AIM:DOTD), the leading provider of
intuitive Software as a Service and managed services to digital
marketing professionals, announces that the Company was informed on
18 November 2016 that Tink Taylor (a Founding Director) and Peter
Simmonds (retired CEO) of the Company, as detailed below reduced
their holdings in ordinary shares of 0.5 pence each in the capital
the Company ("Ordinary Shares") in order to satisfy strong demand
from institutional investors.
Director Date Number Price Beneficial Beneficial
of Transaction of Ordinary at which holding holding
Shares the Ordinary of Ordinary of Ordinary
disposed Shares Shares Shares
of were disposed following following
of this transaction this transaction
(%)
------------ ----------------- ------------- --------------- ------------------ ------------------
Ian "Tink"
Taylor 18/11/2016 7,000,000 53.00p 29,776,667 10.10%
------------ ----------------- ------------- --------------- ------------------ ------------------
Peter
Simmonds* 18/11/2016 1,500,000 53.00p 2,491,470 0.84%
------------ ----------------- ------------- --------------- ------------------ ------------------
* 1,477,972 of Peter Simmonds holdings/voting
rights have been held by Frank Nominees
Limited which acts as the nominee for Alliance
Trust Pensions Limited, which is the trustee
of a SIPP established by Peter Anthony
Simmonds. Frank Nominees is the vehicle
used by Kleinwort Benson Limited to hold
securities for clients, trusts, SIPPs etc.
The beneficiary of the SIPP is Peter Anthony
Simmonds. The transaction above reflects
a reduction in the SIPP holdings.
Milan Patel, Interim CEO & CFO, commented:
"Whilst Directors still hold a significant position in
dotdigital of over 17%, we are delighted with the investment
interest in the Company demonstrated by a number of our highly
regarded current institutional investors, which continues to
strengthen our shareholder base over the medium and longer term.
This follows on from our recent intensive and extremely positive
roadshow."
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provide further detail.
For further enquiries please contact:
dotdigital Group Plc Tel: 020 8662 2777
Milan Patel, CEO & CFO
----------------------------- -------------------
Financial PR and Investor Tel: 07721 413
Relations 496
Lisa Baderoon
Lisa.Baderoon@dotmailer.com
----------------------------- -------------------
N+1 Singer (Nominated Tel: 020 7496 3000
Adviser and Joint Broker)
Shaun Dobson, Head of
Corporate Finance
Liz Yong, Corporate Finance
----------------------------- -------------------
finnCap (Joint Broker) Tel: 020 7220 0500
Stuart Andrews, Corporate
Finance
----------------------------- -------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------
a) Name Ian "Tink" Taylor
--- ------------------------- ------------------------------
2 Reason for the notification
--- ---------------------------------------------------------
a) Position/status PDMR (Non-executive Director)
--- ------------------------- ------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- ------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------
a) Name dotDigital plc
--- ------------------------- ------------------------------
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 of Ordinary shares of 0.5 pence
the financial each
instrument, type
of instrument
GB00B3W40C23
Identification
code
--- ------------------------- ------------------------------
b) Nature of the Disposal of Ordinary Shares
transaction by a PDMR
--- ------------------------- ------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
53.00 pence 7,000,000
------------- ----------
--- ------------------------- ------------------------------
d) Aggregated information
- Aggregated volume 7,000,000 ordinary shares
- Price 53.00 pence
--- ------------------------- ------------------------------
e) Date of the transaction 18 November 2016
--- ------------------------- ------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------
a) Name Peter Simmonds
--- ------------------------- ------------------------------
2 Reason for the notification
--- ---------------------------------------------------------
a) Position/status PDMR (Non-executive Director)
--- ------------------------- ------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- ------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------
a) Name dotDigital plc
--- ------------------------- ------------------------------
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 of Ordinary shares of 0.5 pence
the financial each
instrument, type
of instrument
GB00B3W40C23
Identification
code
--- ------------------------- ------------------------------
b) Nature of the Disposal of Ordinary Shares
transaction by a PDMR
--- ------------------------- ------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------
53.00 pence 1,500,000
------------- ----------
--- ------------------------- ------------------------------
d) Aggregated information
- Aggregated volume 1,500,000 ordinary shares
- Price 53.00 pence
--- ------------------------- ------------------------------
e) Date of the transaction 18 November 2016
--- ------------------------- ------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHBIBDBLGBBGLI
(END) Dow Jones Newswires
November 18, 2016 13:09 ET (18:09 GMT)