dotDigital Group plc Holding(s) in Company (2546B)
15 June 2016 - 9:30AM
UK Regulatory
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: +44 (0)207 227 2768
------------------------------------------------------------- --------------------------------
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
----------------------------- -------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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