Director/PDMR Shareholding

RNS Number : 3131N

Gear4music (Holdings) PLC

24 October 2016

 

Gear4music (Holdings) plc

Director Share Dealings

On 24 October 2016, the board of Gear4music (Holdings) plc ("Gear4music" or "the Company") was informed that Ken Ford, Chairman, sold 15,971 shares. The beneficial holdings of Mr Ford now stand at 20,000 shares, representing 0.1% of the Company's issued share capital. The above transaction took place on 24 October 2016 at 408 pence per share.

- Ends -

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 ("PDMRs") and persons closely associated ("PCA") with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Ken Ford - Chairman
2	Reason for the notification
a)	Position/status	See 1(a) above, Ken Ford classified as a 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	Gear4music (Holdings) plc
b)	LEI	ISIN = GB00BW9PJQ87
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 10p each
b)	Identification code	GB00BW9PJQ87
c)	Nature of the transactions	Sale of Ordinary Shares
d)	Price(s) and volume(s)	Volume(s): 15,971 Ordinary Shares Price: 408 pence per Ordinary Share
d)	Aggregated information  - Aggregated volume - Price	N/A
e)	Date of the transactions	24 October 2016
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

Name of authorised official of issuer responsible for making notification:

Chris Scott

Company Secretary to Gear4music (Holdings) plc

For further information please contact

Gear4music                                                                                                                                        [phone]

Andrew Wass, Chief Executive Officer

Chris Scott, Chief Financial Officer

Panmure Gordon                                                                                                                             [phone]

(Financial Adviser, Nominated Adviser and Broker)

Andrew Godber / Peter Steel - Investment Banking

Erik Anderson / Tom Salvesen - Corporate Broking

MHP Communications (Financial PR)                                                                                          [phone]

Andrew Leach

Simon Hockridge

Isabelle Grainger

 

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