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	[phone]
Singer Capital Markets - Nominated Adviser and Joint Broker Peter Steel/Amanda Gray, Corporate Finance Tom Salvesen, Corporate Broking	[phone]
Investec Bank plc - Joint Broker David Flin Alex Wright Harry Hargreaves	[phone]
Alma PR - Financial PR Rebecca Sanders-Hewett David Ison Josh Royston	[phone] [e-mail]

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.

 

END

 

 

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