Director's Dealings

RNS Number : 9081Q

dotDigital Group plc

18 October 2013

 



FOR IMMEDIATE RELEASE                                                                                                            18 OCTOBER 2013

dotDigital Group plc

("dotDigital" or the "Company")

Director's Dealings

dotDigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a Service and managed services to digital marketing professionals, announces that between 17 and 18 October, certain Directors 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 of Transaction	Number of Ordinary Shares disposed of	Price at which the Ordinary Shares were disposed of	Beneficial holding of Ordinary Shares following this transaction	Beneficial holding of Ordinary Shares following this transaction (%)
Ian "Tink" Taylor	17/10/2013	5,000,000	19.96p	44,876,667	16.26%
Simon Bird	17/10/2013	5,000,000	19.96p	36,876,667	13.36%
Peter Simmonds	17/10/2013	2,000,000	19.96p	14,073,841	5.1%
Frank Beechinor	17/10/2013	125,000	20.25p	549,194	0.20%
Frank Beechinor	18/10/2013	250,000	21.46p	299,194	0.11%
Peter Simmonds, Chief Executive, Commented:

"We are delighted with the positive feedback we have received from both current shareholders and new institutions following publication of the Company's Final Results and the announcement that we will propose a maiden final dividend at the forthcoming AGM. We welcome the investment interest in dotDigital demonstrated by a number of highly regarded new institutional investors which we believe can only strengthen our shareholder base over the medium and longer term."

For further enquiries please contact:

dotDigital Group Plc Peter Simmonds, Chief Executive www.dotdigitalgroup.com	Tel: [phone]
Financial PR and Investor Relations Lisa Baderoon [e-mail]	Tel: [phone]
N+1 Singer, NOMAD & Broker Shaun Dobson, Head of Corporate Finance Nick Donovan, Corporate Finance Graeme Summers, Head of Corporate Broking	Tel: [phone]
finnCap, Joint Broker Stuart Andrews, Corporate Finance Brian Patient, Corporate Broking	Tel: [phone]

 

END

 

 

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