DGS Digital Globe

TIDMDGS

RNS Number : 8897I

Digital Globe Services Limited

14 December 2015

Digital Globe Services, Ltd.

(the "Company" and together with its subsidiaries "DGS")

Transaction in Own Shares

Digital Globe Services, Ltd. (AIM: DGS), a leading provider of online customer acquisition solutions for large, consumer-facing organisations, announces that in accordance with the terms of the general authority to make market purchases of its own shares granted to it by the shareholders of the Company at the 12 November 2015 Annual General Meeting and the announcement by the Company on 21 September 2015 to undertake purchases of its own shares of up to $500,000, the Company on 11 December 2015 purchased 10,000 ordinary shares at a price of 70.59 pence per ordinary share (the "Buyback Shares").

The Buyback Shares will currently be held in treasury. Accordingly, the number of ordinary shares admitted to trading on AIM will currently remain unchanged at 29,926,472.

Following this announcement and the completion of the purchase and transfer into treasury of the Buyback Shares, the Company will have 29,926,472 ordinary shares in issue, of which 54,665 will be held in treasury and the total number of voting rights in the Company will be 29,871,807.

The Company will be making additional purchases of its own shares in line with the above general authority when the Company considers it appropriate to do so.

For further information please contact:

 
Digital Globe Services, Ltd.   www.dgsworld.com 
Jeff Cox, CEO                  +1 303 736 2105 
 
N+1 Singer 
Aubrey Powell / Liz Yong       +44 20 7496 3000 
 
Alma PR 
Hilary Buchanan                +44 7515 805218 
 Josh Royston                   +44 7780 901979 
 
 

Overview of DGS

Founded in 2008 with offices in London, Bermuda, Netherlands, USA and Ireland, DGS is a specialist provider of outsourced online customer acquisition solutions for large, consumer-facing corporations. DGS delivers customers to its clients through optimised paid search, search engine optimization, integrated websites, e-mail, social media and contact centre support, receiving a fee for each customer acquired for its clients.

DGS is seeking to establish itself as the leading international provider of outsourced online customer, lead and inquiry acquisition, services, through its focus on having the premier technology platform in the industry. Paid search refers to the auction process for key search terms that search providers run and in which prospective advertisers, or their agents, compete in order to have their advertising or search results displayed.

By using its optimising technology platform, dgSMART, and its experience of website management and digital media customer acquisition, efficient contact centre operations and other process expertise, DGS is able to acquire customers and achieve conversion rates that deliver profitable, high quality customers or valuable leads and inquiries to its clients.

DGS employs over 700 staff in Europe, North America and Asia. The Company currently has over 30 direct and indirect client relationships globally, many of which are with companies in the US Fortune 500.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 14, 2015 02:00 ET (07:00 GMT)

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