Directors' Dealings

RNS Number : 5304K

Focusrite PLC

14 December 2018

 

Focusrite plc

("the Company")

Directors' Dealings

Focusrite plc (AIM:TUNE), the global music and audio products company, was notified today that Jeremy Wilson, CFO of the Company (the "PDMR"), acquired 80,345 Ordinary Shares of 0.1 pence each in the Company via the exercise of Enterprise Management Incentive options (the "Option") at a price of 14.6 pence per Ordinary Share.

The Option was granted on 18 September 2014 and vested on 20 November 2018.

Immediately following exercise, the PDMR immediately transferred the full number of shares they acquired in connection with exercise to their spouse (being a person closely associated with the relevant PDMR) for nil consideration.

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Jeremy Wilson
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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	213800JJ51KA4LOTF736
4A	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 0.1pence each in Focusrite plc
b)	Identification code	GB00BSBMW716
c)	Nature of the transaction	Acquisition of shares on exercise of an Enterprise Management Incentive option
d)	Price(s) and volume(s)	Price(s) Volumes 14.6 pence per share 80,345
d)	Aggregated information  - Aggregated volume - Price	n/a
e)	Date of the transaction	11 December 2018
f)	Place of the transaction	Outside a trading venue
4B	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 0.1pence each in Focusrite plc
	Identification code		GB00BSBMW716
b)	Nature of the transaction		Transfer of shares to Elizabeth Wilson (spouse) for nil consideration
c)	Price(s) and volume(s)		Price(s) Volumes Nil 80,345
d)	Aggregated information - Aggregated volume  - Price		Not applicable - single transaction
e)	Date of the transaction		11 December 2018
f)	Place of the transaction		Outside a trading venue

-ends-

Enquiries:

Focusrite plc:
Tim Carroll (CEO)	[phone]
Jeremy Wilson (CFO)	[phone]
Panmure Gordon (Nominated Adviser and Broker)
Freddy Crossley	[phone]
Erik Anderson	[phone]
Belvedere Communications
John West	[phone]
Kim van Beeck	[phone]

 

END

 

 

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