Directors' Dealings

RNS Number : 7394Y

Focusrite PLC

03 January 2020

 

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 133,334 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 December 2019.

Immediately following exercise, the PDMR immediately transferred the full number of shares they acquired in connection with exercise to the PDMR's account with a nominee, Ferlim Nominees Limited.

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 133,334
d)	Aggregated information  - Aggregated volume - Price	n/a
e)	Date of the transaction	31 December 2019
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

-ends-

Enquiries:

Focusrite plc:                                                                                                     [phone]

Tim Carroll (CEO)             

Jeremy Wilson (CFO)     

Panmure Gordon (Nominated Adviser and Broker)                         [phone]

Freddy Crossley / Alina Vaskina

Erik Anderson

Belvedere Communications                                                                       [phone]

John West          

Llew Angus        

 

END

 

 

DSHKKNBNQBKDFDK