dotDigital Group plc Admission to AIM
Zeus Capital successfully completed the admission of dotDigital Group plc’s share capital to trading on AIM, having moved from PLUS. dotDigital has a market capitalisation of £21 million. Zeus Capital acted as Nominated Adviser and Broker to dotDigital.
Founded in 1999, dotDigital Group Plc (“dotDigital or the Group”) has grown to become a leader in the provision of intuitive Software as a Service (‘SaaS’) products for digital marketing professionals. These products include the Group’s email marketing platform, dotMailer and e-commerce offering, dotCommerce. As part of its broader offering to help clients to grow their businesses online, dotDigital also provides search marketing services, digital strategy advice and managed services.
Key business facts:
The Directors remain committed to the delivery of products with recurring revenues and scalability. Accordingly, investment in product development and marketing is expected to accelerate in the year ahead. In addition, the Directors have commenced plans to expand into new market areas including overseas markets.
Peter Simmonds, Chief Executive, dotDigital, commented:
“A move to AIM is another key milestone for us and is part of a strategy to develop even greater awareness of our business plans with investors and our product plans with clients and new business prospects.”
Ross Andrews and Nick Cowles from Zeus Capital advised on the transaction.