dotDigital Group plc PDMR Dealing and Total Voting Rights (8844N)

TIDMDOTD

RNS Number : 8844N

dotDigital Group plc

11 May 2018

11 May 2018

dotdigital Group plc

("dotdigital" or the "Company")

Exercise of Options PDMR Dealing and Total Voting Rights

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 today issued and allotted 1,542,080 ordinary shares of 0.5p each ("Ordinary Shares") following an exercise of options ("Options") by employees of the Company.

Steve Shaw, CTO and a PDMR, has exercised options over 500,000 Ordinary Shares, subsequent to which, he sold 225,000 Ordinary Shares to satisfy the exercise and tax liability arising from the option exercise. Following the exercise of options and sale of shares, Steve Shaw's total shareholding is 275,000 Ordinary Shares, representing 0.09 per cent. of the total share capital of the Company.

Pursuant to the exercise of the Options, an application has been made to the London Stock Exchange for 1,542,080 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 17 May 2018.

Following this allotment, the Company's issued share capital will consist of 298,030,565 Ordinary Shares of which a total of 660,000 Ordinary Shares are held in treasury. Therefore, the total number of Ordinary Shares with voting rights in the Company will be 297,370,565.

The above figure of 297,370,565 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

For further enquiries please contact:

 
 dotdigital Group Plc                            Tel: [phone] 
  Milan Patel, CEO 
  Paraag Amin, CFO 
---------------------------------  -------------------------------- 
 FTI Consulting (Financial                       Tel: [phone] 
  PR and Investor Relations) 
  Matt Dixon 
  Adam Davidson 
---------------------------------  -------------------------------- 
 N+1 Singer (Nominated Adviser                   Tel: [phone] 
  and Joint Broker) 
  Shaun Dobson, Head of Corporate 
  Finance 
  Liz Yong, Corporate Finance 
---------------------------------  -------------------------------- 
 finnCap (Joint Broker)                          Tel: [phone] 
  Stuart Andrews, Corporate 
  Finance 
  Rhys Williams, Sales 
---------------------------------  -------------------------------- 
 

Notification and public disclosure of transactions by person discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------- 
 a)   Name               Steve Shaw 
---  -----------------  ------------------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status    PDMR: Chief Technology Officer 
---  -----------------  ------------------------------------------- 
 b)   Initial            Initial Notification 
       notification 
       /Amendment 
---  -----------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------- 
 a)   Name               dotdigital Group plc 
---  -----------------  ------------------------------------------- 
 b)   LEI                2138006LZ7HHQ6DWFD42 
---  -----------------  ------------------------------------------- 
 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 0.5 pence each 
       of the             GB00B3W40C23 
       financial 
       instrument, 
       type of 
       instrument 
       Identification 
       code 
---  -----------------  ------------------------------------------- 
 b)   Nature                  (i) Exercise of options over Ordinary 
       of the                  Shares 
       transaction             (ii) Sale of Ordinary Shares 
---  -----------------  ------------------------------------------- 
 c)   Price(s)            Price(s)     Volume(s) 
       and volume(s)      -----------  -------------- 
                           (i) 28.50p   (i) 500,000 
                            (ii) 91p     (ii) 225,000 
---  -----------------  ------------------------------------------- 
 d)   Aggregated 
       information         N/A 
       - Aggregated 
       volume 
       - Price 
---  -----------------  ------------------------------------------- 
 e)   Date of                 (i) 11 May 2018 
       the transaction 
                               (ii) 11 May 2018 
---  -----------------  ------------------------------------------- 
 f)   Place of                (i) Outside of trading venue 
       the transaction         (ii) London Stock Exchange (XLON) 
---  -----------------  ------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 11, 2018 12:54 ET (16:54 GMT)