Director/PDMR Shareholding

RNS Number : 6270L
Gear4music (Holdings) PLC
16 May 2022
 

Gear4music (Holdings) plc

 

("Gear4music", "the Group" or "the Company")

PDMR Dealings

 

The Group has been notified that on 16 May 2022 Andrew Wass, Chief Executive Officer, purchased 50,000 Ordinary shares of 10p each in the capital of the Company ("Ordinary Shares") at a price of 185 pence per share. Mr Wass' resulting shareholding in the Company is 4,751,993 Ordinary Shares, representing 22.65% of the total issued share capital.

Details of the transaction can be found in the Notification of Dealing Form below. 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Andrew Wass

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

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

 

 

2138005H4W74HDGSFC49

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  £0.10 each



Identification code

GB00BW9PJQ87



b)

 

Nature of the transaction

 

 

Purchase of shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




185 pence

50,000







d)

 

Aggregated information




- Aggregated volume

n/a



- Price

n/a



e)

 

Date of the transaction

 

 

16 May 2022

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM Market (XLON)

 

 

 

- Ends -

Enquiries:

Gear4music

Andrew Wass, Chief Executive Officer

Chris Scott, Chief Financial Officer

+44 (0)20 3405 0205



Singer Capital Markets - Nominated Adviser and Joint Broker

Peter Steel/Amanda Gray, Corporate Finance

Tom Salvesen, Corporate Broking

+44 (0)20 7496 3000

 

 


Investec Bank plc - Joint Broker

David Flin

Alex Wright

Harry Hargreaves

+44 (0)20 7597 5970

 

 


Alma PR - Financial PR

Rebecca Sanders-Hewett

David Ison

Josh Royston

 

+44 (0)20 3405 0205

Gear4music@almapr.co.uk

 

 

About Gear4music (Holdings) plc

Operating from a Head Office in York, Distribution Centres in York, Sweden, Germany, Ireland & Spain, and showrooms in York, Sweden & Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and the Rest of the World.

Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.

 

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END
 
 
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