Holding(s) in Company

RNS Number : 9040Z

dotDigital Group plc

13 March 2013

 



                                                                                                                                                               13 March 2013

dotDigital Group Plc

Notification of Major Interest - Liontrust

dotDigital Group Plc (AIM:DOTD), the leading provider of services based upon intuitive 'Email Marketing - Software as a Service' ("SaaS Products") to digital marketing professionals, announces that the Company has today been notified by Lion Trust Investment Partners LLP ("Liontrust") that it has increased its shareholding to 14,101,527 Ordinary Shares, representing  a 5.11% shareholding in the Company. 

The full TR1 form is shown at the end of this announcement.

Commenting on the announcement , Frank Beechinor, Chairman said:

"We are delighted to have Liontrust as a significant shareholder in dotDigital. We have continually said that it is one of the Board's priorities to maintain and strengthen our blue chip shareholder base. We are therefore delighted that Liontrust has demonstrated its support for dotDigital's growth strategy by increasing its shareholding in our Company."

 For further enquiries please contact:

dotDigital Group Plc Peter Simmonds, Chief Executive	Tel: [phone]
NOMAD and Co- Broker Zeus Capital Ross Andrews/Nick Cowles	Tel: [phone]
Co- Broker Charles Stanley Securities Dugald J.Carlean/Karri Vuori	Tel: [phone]
Financial PR and Investor Relations Lisa Baderoon [e-mail]	Tel: [phone]

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				dotDigital Group Plc
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) subject to the notification obligation: iii		LIONTRUST INVESTMENT PARTNERS LLP
4. Full name of shareholder(s)  (if different from 3.):iv		N/A
5. Date of the transaction and date on which the threshold is crossed or reached: v		11/03/2013
6. Date on which issuer notified:		12/03/2013
7. Threshold(s) that is/are crossed or reached: vi, vii		5 %

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B3W40C23

13,500,000

13,500,000

14,101,527

14,101,527

N/A

5.11 %

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

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 financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

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

14,101,527

5.11 %

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 holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:
14. Contact name:	Jarek Rys
15. Contact telephone number:	020 7412 1732

 

END

 

 

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