TIDMDOTD

RNS Number : 7890C

dotDigital Group plc

25 February 2022

25 February 2022

Dotdigital Group plc

("Dotdigital", the "Group" or the "Company")

Directorate Change

Dotdigital Group plc (AIM: DOTD), the leading 'SaaS' provider of an omnichannel marketing automation and customer engagement platform, announces that, after four years as Chief Financial Officer, Paraag Amin has informed the Board of his intention to step down as an Executive Director of the Company, effective as of 31 March 2022.

Mr Amin will work with Milan Patel, Chief Executive Officer, and the board of directors to ensure the presentation to shareholders of the Company's interim results for the six months ended 31 December 2021, due to be released on 3 March 2022.

The Company has appointed Spencer Stuart to conduct a formal search process and a further announcement on this process will be made as appropriate.

George Kasparian, currently finance director at the Company, will assume the responsibilities of Mr Amin until a new Chief Financial Officer appointment has been made. Mr Kasparian is not a director of the Company, but is a person discharging managerial responsibilities ("PDMR").

Milan Patel, Chief Executive Officer of Dotdigital, commented:

"The Board and I would like to thank Paraag for his valued contribution to the Group and his commitment in what has been an important period of growth for the Group. We wish him every success in his future interests."

Paraag Amin, Chief Financial Officer of Dotdigital, commented:

"I have had a great four years at Dotdigital, but feel the time is now right to pursue new opportunities. I wish Milan and the Board the very best for the future and thank them for the opportunity they gave me."

For further information please contact:

 
 Dotdigital Group Plc                                 Tel: 020 3953 3072 
  Milan Patel, CEO                                     InvestorRelations@dotdigital.com 
  Paraag Amin, CFO 
 
 Alma PR (Financial PR)                               Tel: 020 3405 0210 
  Hilary Buchanan                                      dotdigital@almapr.co.uk 
  David Ison 
  Kieran Breheny 
 
 Canaccord Genuity (Nominated Adviser                 Tel: 020 7523 8000 
  and Joint Broker) 
  Bobbie Hilliam 
  Georgina McCooke 
  Jonathan Barr, Sales 
 
 finnCap (Joint Broker)                               Tel: 020 7220 0500 
  Stuart Andrews, Corporate Finance 
  Alice Lane, ECM 
  Rhys Williams, Sales 
 
 Singer Capital Markets (Joint Broker)                Tel: 020 7496 3000 
  Shaun Dobson, Head of Corporate 
  Finance 
  Alex Bond, Corporate Finance

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END

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February 25, 2022 02:01 ET (07:01 GMT)

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