PDMR Dealings

Gear4music (Holdings) PLC

21 February 2024

 

Gear4music (Holdings) plc

("Gear4music" or " the Group")

PDMR Dealings

The Group has been notified that on 16 February 2024 Ken Ford, Chairman and Non-Executive Director, completed a transfer of his self-invested personal pension ("SIPP") from one provider to another in specie (the "Transfer").

Following the completion of the Transfer, Mr Ford's total beneficial interest in the Company remains unchanged at 40,000 Ordinary Shares, representing 0.19% 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	Ken Ford
2	Reason for the notification
a)	Position/status	Chairman and Non-executive Director
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	Transfer of Ordinary Shares - change of SIPP provider resulting in no change to beneficial ownership
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			N/A	10,000
d)	Aggregated information
	- Aggregated volume	n/a
	- Price	n/a
e)	Date of the transaction	16 February 2024
f)	Place of the transaction	Outside a trading venue

Enquiries:

Gear4music Andrew Wass, Chief Executive Officer Chris Scott, Chief Financial Officer	[phone]
Singer Capital Markets - Nominated Adviser and Broker Peter Steel/Sam Butcher, Corporate Finance Tom Salvesen, Corporate Broking	[phone]
Alma - Financial PR Rebecca Sanders-Hewett Joe Pederzolli David Ison	[phone] [e-mail]

About Gear4music (Holdings) plc

Operating from a Head Office in York, Distribution Centres in York, Bacup, Sweden, Germany, Ireland & Spain, and showrooms in York, Bacup, 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.

 

END