Business
Director and Employee Exercise of Options
Director and Employee Exercise of Options.
About this update from Dotdigital Group Plc
[{"type":"text","content":"\n \nRNS Number : 5411O dotDigital Group plc 07 August 2014 \n \n\ndotDigital Group plc\n7 August 2014\n \ndotDigital Group plc\n(\"dotDigital\" or the \"Company\")\nDirector and Employee Exercise of Options\ndotDigital Group Plc (AIM:DOTD), the leading provider of intuitive Software as a service and managed services to digital marketing professionals, announces that on 5 August 2014, 790,000 ordinary shares of 0.5 pence each in the capital of the Company (\"Ordinary Shares\") were issued and allotted pursuant to the exercise of options under the Group's approved Enterprise Management Incentive Share Option Scheme.\n \nAs part of this allotment Milan Patel, Chief Financial Officer and Executive Director, exercised options over a total of 660,000 Ordinary Shares of which 260,000 were exercised at a price of 5 pence per Ordinary Share and 400,000 were exercised at a price of 5.125 pence per Ordinary Share. Following this transaction the beneficial holding of Mr Patel is 1,042,078 Ordinary Shares, representing 0.37% of the current issued Ordinary Share capital of the Company.\n \nAn application for admission of the 790,000 new Ordinary Shares to trading on AIM has been submitted and trading is expected to commence on 12 August 2014.\n \nThe total number of shares in issue following the exercise of options is 283,572,065.\n \n\n\n\n\ndotDigital Group Plc\nPeter Simmonds, Chief Executive\nMilan Patel, CFO\nwww.dotdigitalgroup.com\n\n\nTel: 020 7654 8686\n\n\n\n\nFinancial PR and Investor Relations\nLisa Baderoon\[email protected]\n\n\nTel: 07721 413 496\n\n\n\n\nN+1 Singer, NOMAD & Broker\nShaun Dobson, Head of Corporate Finance\nNick Donovan, Corporate Finance\n\n\nTel: 020 7496 3000\n\n\n\n\nfinnCap, Joint Broker\nStuart Andrews, Corporate Finance\n \n\n\nTel: 020 7220 0500\n\n\n\n\n \n\n\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCUBOARSWAWRAR\n ","length":3679,"tagName":"div"}]