dotDigital Group plc Holding(s) in Company (1616B)
14 June 2016 - 1:08PM
UK Regulatory
TIDMDOTD
RNS Number : 1616B
dotDigital Group plc
14 June 2016
FOR IMMEDIATE RELEASE 14 JUNE 2016
dotdigital Group plc
("dotdigital" or the "Company")
Liontrust Increases Shareholding to over 11%
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
Liontrust Asset Management ("Liontrust"), a longstanding
shareholder, that it has further increased its shareholding in the
Company to 32,563,764.00 Ordinary Shares. This takes Liontrust's
current position to just over 11%.
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 X
------------------------------------------------------ ------------------------------
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) LIONTRUST INVESTMENT PARTNERS
subject to the LLP
notification obligation:
(iii)
----------------------------------------------------- -------------------------------
4. Full name of shareholder(s) N/A
(if different from 3.):(iv)
----------------------------------------------------- -------------------------------
5. Date of the transaction 10/06/2016
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------- -------------------------------
6. Date on which issuer 13/06/2016
notified:
----------------------------------------------------- -------------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 11 %
----------------------------------------------------- -------------------------------
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)
-------------- -------------- -------------- ---------------- ---------------- ----------- ------------ -----------
11.07
GB00B3W40C23 32,063,764.00 32,063,764.00 32,563,764.00 32,563,764.00 N/A % N/A
------------------ ------------------ ---------------- ---------------- ----------- ------------ -----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
------------------ ---------------- ------------------------------------ ------------------------------- ---------------------
N/A N/A N/A N/A 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 N/A N/A N/A N/A Nominal Delta
---------------- ---------------- ---------------- ------------------ ------------------------------- ------------ ---------
N/A N/A
-------------- -------------- -------------- -------------- -------------- ----------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
-------------------------------------------------------- ------------------------------------------------------------------------
32,563,764.00 11.07 %
-------------------------------------------------------- ------------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
-----------------------------------------------------------------------
N/A
Proxy Voting:
-----------------------------------------------------------------------
10. Name of the proxy holder: N/A
------------------------------------------------------- --------------
11. Number of voting rights proxy N/A
holder will cease
to hold:
------------------------------------------------------- --------------
12. Date on which proxy holder will N/A
cease to hold
voting rights:
------------------------------------------------------- --------------
13. Additional information:
------------------------------------------------------- --------------
14. Contact name: Jarek Rys
------------------------------------------------------- --------------
15. Contact telephone number: 020 7412 1732
------------------------------------------------------- --------------
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
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June 14, 2016 08:08 ET (12:08 GMT)