FOR IMMEDIATE RELEASE 22 APRIL 2016
dotdigital Group plc
("dotdigital" or the "Company")
Liontrust Asset Management Increases Shareholding
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 increased its shareholding in the Company to 29,413,208.00 Ordinary Shares which takes Liontrust's current position to just over 10%.
Full disclosure of the TR1 is shown below:
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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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 |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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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 |
20/04/2016 |
6. Date on which issuer notified: |
21/04/2016 |
7. Threshold(s) that is/are crossed or
reached: vi, vii |
10 % |
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8. Notified details: |
A: Voting rights attached to shares viii, ix |
Class/type of
shares
if possible using
the ISIN CODE
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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 |
29,238,208.00 |
29,238,208.00 |
29,413,208.00 |
29,413,208.00 |
N/A |
10.021 % |
N/A |
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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 |
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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 |
29,413,208.00 |
10.021 % |
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:
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14. Contact name: |
Jarek Rys |
15. Contact telephone number: |
020 7412 1732 |
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For further enquiries please contact:
dotdigital Group Plc
Milan Patel, CEO & CFO |
Tel: 020 8662 2777 |
Financial PR and Investor Relations
Lisa Baderoon
Lisa.Baderoon@dotmailer.com |
Tel: 07721 413 496 |
N+1 Singer (Nominated Adviser and Joint Broker)
Shaun Dobson, Head of Corporate Finance
Liz Yong, Corporate Finance |
Tel: 020 7496 3000 |
finnCap (Joint Broker)
Stuart Andrews, Corporate Finance |
Tel: 020 7220 0500 |