TIDMDOTD

RNS Number : 9448P

dotDigital Group plc

23 November 2016

 
 
              FOR IMMEDIATE RELEASE 23 NOVEMBER 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 JO Hambro Capital Management 
   Limited in respect to its current shareholding in dotdigital. 
 
            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                                  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 
--------------------------------------------------------------  ------------------------------ 
 Other (please 
  specify): 
-------------------------------------------------------  -----  ------------------------------ 
 3. Full name of person(s)                                  J O HAMBRO CAPITAL MANAGEMENT 
  subject to the                                             LIMITED 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                 21 NOVEMBER 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                    22 NOVEMBER 2016 
  notified: 
---------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are                                BELOW 5% 
  crossed or 
  reached: (vi, vii) 
---------------------------------------------------------  ----------------------------------- 
 
 
 
 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) 
---------------    ----------------    --------------  -------------  ---------  --------------  ---------  ---------- 
 GB00B3W40C23 
                                                                                 --------------  ---------  ---------- 
                         14,895,000        14,895,000     14,000,000                 14,000,000                  4.76% 
---------------  ------------------  ----------------  -------------  ---------  --------------    -------  ---------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration          Exercise/                        Number of voting           % of voting 
 financial           date                Conversion                       rights that                rights 
 instrument          (xiii)              Period (xiv)                     may be 
                                                                          acquired if 
                                                                          the 
                                                                          instrument 
                                                                          is 
                                                                          exercised/ 
                                                                          converted. 
-----------------  ------------------  -------------------------------  -------------------------  ------------------- 
 
 
 Total (A+B) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                  Percentage of voting rights 
-------------------------------------------------------  ------------------------------------------------------------- 
 14,000,000                                               4.76% 
-------------------------------------------------------  ------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------- 
 
   NOT APPLICABLE 
 
 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: 
----------------------------------------------------------  -------------- 
 14. Contact name:                                           Simon Gartery 
----------------------------------------------------------  -------------- 
 15. Contact telephone number:                               0207 747 5637 
----------------------------------------------------------  -------------- 
 
 

For further enquiries please contact:

 
 dotdigital Group Plc 
  Milan Patel, CEO & CFO              Tel: 020 8662 2777 
  www.dotdigitalgroup.com 
---------------------------------  --------------------- 
 Financial PR and Investor          Tel: 07721 413 496 
  Relations 
  Lisa Baderoon 
  lisa.baderoon@dotmailer.com 
---------------------------------  --------------------- 
 N+1 Singer, NOMAD & Broker         Tel: 020 7496 3000 
  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

END

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