Focusrite Plc
("the Company" or "the Group")
Director/PDMR Shareholding
Focusrite Plc (AIM:TUNE), the global music and audio products company that trades under the Focusrite and Novation brands, received notification that Robert Jenkins, classified PDMR of the Company, sold 442,508 Ordinary Shares of 0.1 pence each ("Ordinary Shares") in the Company at a price of 195 pence per Ordinary Share earlier today.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
|
Details of the person discharging managerial responsibilities / person closely associated |
|
a)
|
Names |
Robert Jenkins |
2
|
Reason for the notification |
|
a)
|
Position/status
|
Product Director, classified as PDMR of the Company |
b)
|
Initial notification /Amendment
|
Initial Notification |
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a)
|
Name
|
Focusrite Plc |
b)
|
LEI |
None |
4
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|
a)
|
Description of the financial instrument, type of instrument
|
Ordinary shares of 0.1 pence each |
b) |
Identification code
|
GB00BSBMW716 |
c)
|
Nature of the transaction
|
On market sale |
d)
|
Price(s) and volume(s) |
Price - 195p Volume - 442,508 shares
|
d)
|
Aggregated information - Aggregated volume - Price |
n/a
|
e)
|
Date of the transaction |
5 December 2016 |
f)
|
Place of the transaction |
XLON |
-ends-
Enquiries:
Focusrite Plc: |
|
Phil Dudderidge (Executive Chairman) |
+44 1494 462246 |
Jeremy Wilson (CFO) |
+44 1494 462246 |
|
|
Panmure Gordon |
|
Freddy Crossley |
+44 20 7886 2968 |
Tom Salvesen |
+44 20 7886 2904 |
|
|
Belvedere Communications |
|
John West |
+44 20 3567 0510 |
Kim Van Beeck |
+44 20 3567 0510 |