Director/PDMR Shareholding

RNS Number : 4052M

Gear4music (Holdings) PLC

07 January 2019

 

7 January 2019

Gear4music (Holdings) plc

("Gear4music" or "the Company")

PDMR / Director Dealings

On 7 January 2019, Gear4music (Holdings) plc, the largest UK based online retailer of musical instruments and music equipment, was informed that the following Directors had purchased ordinary shares of 10p in the Company ("Ordinary Shares") today:

Name	Title	Ordinary Shares purchased	Average price paid per Ordinary Share	Total Ordinary Shares owned (post-purchase)	% total voting rights in the Company
Ken Ford	Non-Executive Chairman	10,000	240p	30,000	0.14%
Gareth Bevan	Chief Commercial Officer	4,400	228p	114,760	0.55%
Chris Scott	Chief Financial Officer	4,400	228p	104,840	0.50%
Dean Murray	Non-Executive Director	3,000	214p	197,520	0.94%

For further information contact:

Gear4music Andrew Wass, Chief Executive Officer Chris Scott, Chief Financial Officer	[phone]
N+1 Singer (Nominated Adviser and Joint Broker) Richard Lindley, Corporate Finance Rachel Hayes, Corporate Broking Peel Hunt (Joint Broker) Adrian Trimmings George Sellar Alma PR (Financial PR) Josh Royston Rebecca Sanders-Hewett Helena Bogle	[phone] [phone] [phone] [e-mail]

About Gear4music.com

Operating from a Head Office in York, and Distribution Centres and showrooms in York, Sweden and 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, more recently, into the Rest of the World.

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

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ken Ford
2	Reason for the notification
a)	Position/status	PDMR (Non-Executive Chairman)
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 Identification code	Ordinary Shares of 10 pence each ("Ordinary Shares") GB00BW9PJQ87
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price	Volume
		240p	10,000 Ordinary Shares
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	7 January 2019
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gareth Bevan
2	Reason for the notification
a)	Position/status	PDMR (Chief Commercial 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 Identification code	Ordinary Shares of 10 pence each ("Ordinary Shares") GB00BW9PJQ87
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price	Volume
		228p	4,400 Ordinary Shares
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	7 January 2019
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Scott
2	Reason for the notification
a)	Position/status	PDMR (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	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 Identification code	Ordinary Shares of 10 pence each ("Ordinary Shares") GB00BW9PJQ87
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price	Volume
		228p	4,400 Ordinary Shares
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	7 January 2019
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dean Murray
2	Reason for the notification
a)	Position/status	PDMR (Non-Executive Director)
b)	Initial notification /Amendment	Amendment
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 Identification code	Ordinary Shares of 10 pence each ("Ordinary Shares") GB00BW9PJQ87
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price	Volume
		214p	3,000 Ordinary Shares
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	7 January 2019
f)	Place of the transaction	London Stock Exchange

Name of authorised official of issuer responsible for making notification:

Chris Scott

Company Secretary to Gear4music (Holdings) plc  

 

END

 

 

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