FOR IMMEDIATE RELEASE 15 JUNE 2016
dotdigital Group plc
("dotdigital" or the "Company")
NOTIFICATION OF MAJOR INTEREST IN SHARES
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 Polar Capital LLP ("Polar Capital") confirming its current holding in the Company of 11,310,067 Ordinary Shares taking its current position to 3.84%.
Full disclosure of the TR1 is shown below:
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 |
Yes |
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 |
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Other (please specify): |
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3. Full name of person(s) subject to the
notification obligation: iii |
Polar Capital LLP |
4. Full name of shareholder(s)
(if different from 3.):iv |
|
5. Date of the transaction and date on
which the threshold is crossed or
reached: v |
13.06.2016 |
6. Date on which issuer notified: |
14.06.2016 |
7. Threshold(s) that is/are crossed or
reached: vi, vii |
<4% |
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|
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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
|
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 |
12,310,067 |
12,310,067 |
11,310,067 |
11,310,067 |
|
3.84% |
|
|
|
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 |
|
|
|
|
|
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 |
|
|
|
|
Nominal |
Delta |
|
|
|
Total (A+B+C) |
Number of voting rights |
Percentage of voting rights |
11,310,067 |
3.84% |
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9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi |
|
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Proxy Voting: |
10. Name of the proxy holder: |
|
11. Number of voting rights proxy holder will cease
to hold: |
|
12. Date on which proxy holder will cease to hold
voting rights: |
|
|
13. Additional information:
|
Polar Capital LLP - Operations Department
|
14. Contact name: |
Stephen Amoah |
15. Contact telephone number: |
+44 (0)207 227 2768 |
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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 |