Business
Share Placing and Directors' Share Dealings
Share Placing and Directors' Share Dealings.
About this update from Dotdigital Group Plc
[{"type":"text","content":"\n \nRNS Number : 4059J dotDigital Group plc 30 June 2011 \n \n\n30 June 2011\ndotDigital Group Plc\nShare Placing and Directors' Share Dealings\nExercise of Share Options\ndotDigital Group Plc (AIM:DOTD), (\"dotDigital\" or the \"Company\"), the leading provider of search marketing services, email marketing services, intuitive Software as a Service and managed services to digital marketing professionals, announces that Charles Stanley Securities has at 29 June 2011, undertaken a placing of shares on behalf of a number of dotDigital shareholders in response to significant investment demand from a number of institutional and other investors, including the Company's Chairman. The vendors are long standing founder shareholders and include certain of the Company's Directors.\nThe Company also announces that Peter Simmonds, Chief Executive has at 29 June 2011, exercised all of his share options in the Company.\nInstitutional Share Placing\ndotDigital joined AIM on 29 March 2011 and following a recent round of investor presentations by the Company, Charles Stanley has identified significant investor demand. As a result the new investors have acquired a total of 66,880,107 shares, representing approximately 25.1 per cent of the of the total voting rights of the Company, at 7.0 pence per share.\nIn order to satisfy this demand, certain institutional and other shareholders, including four of the Company's directors, who have held their shares for a number of years, have placed their shares with the new investors. \n \n\n\n\n\nDirector\n\n\nShare holding prior to Placing\n\n\nShares\nsold\n\n\nShares acquired\n\n\nShareholding following Placing\n\n\nPercentage Holding\n\n\n\n\nFrank Beechinor-Collins\n\n\n-\n\n\n-\n\n\n674,194\n\n\n674,194\n\n\n0.26%\n\n\n\n\nPeter Simmonds\n\n\n13,060,000\n\n\n1,450,000\n\n\n8,333,333*\n\n\n19,943,333\n\n\n7.25%\n\n\n\n\nIan Taylor\n\n\n60,860,000\n\n\n7,000,000\n\n\n-\n\n\n53,860,000\n\n\n19.59%\n\n\n\n\nSimon Bird\n\n\n52,860,000\n\n\n7,000,000\n\n\n-\n\n\n45,860,000\n\n\n16.68%\n\n\n\n\nNicholas Nelson\n\n\n5,525,000\n\n\n1,450,000\n\n\n-\n\n\n4,075,000\n\n\n1.49%\n\n\n\n\n \n*Following exercise of options, details of which are set out below\n \nExercise of share options\nPeter Simmonds has exercised options over 8,333,333 dotDigital ordinary share (the \"New Shar...