Focusrite PLC

Directors' Dealings

RNS Number : 7394Y
Focusrite PLC
03 January 2020
 

Focusrite plc

("the Company")

Directors' Dealings

 

Focusrite plc (AIM:TUNE), the global music and audio products company, was notified today that Jeremy Wilson, CFO of the Company (the "PDMR"), acquired 133,334 Ordinary Shares of 0.1 pence each in the Company via the exercise of Enterprise Management Incentive options (the "Option") at a price of 14.6 pence per Ordinary Share.

 

The Option was granted on 18 September 2014 and vested on 20 December 2019.

 

Immediately following exercise, the PDMR immediately transferred the full number of shares they acquired in connection with exercise to the PDMR's account with a nominee, Ferlim Nominees Limited.

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

 

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Names 

Jeremy Wilson

2

 

Reason for the notification

                               

a)

 

Position/status

 

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

 

Focusrite plc

b)

 

LEI

213800JJ51KA4LOTF736

4A

 

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 0.1pence each in Focusrite plc

b)

Identification code 

 

GB00BSBMW716

c)

 

Nature of the transaction 

 

Acquisition of shares on exercise of an Enterprise Management Incentive option

d)

 

Price(s) and volume(s)

Price(s)

Volumes

14.6 pence per share

133,334

d)

 

Aggregated information 

- Aggregated volume

- Price

 n/a

 

e)

 

Date of the transaction 

31 December 2019

f)

 

Place of the transaction

Outside a trading venue

4B

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

-ends-

 

Enquiries:

 

Focusrite plc:                                                                                                     +44 1494 836301

 

Tim Carroll (CEO)             

Jeremy Wilson (CFO)     

 

Panmure Gordon (Nominated Adviser and Broker)                         +44 20 7886 2500

 

Freddy Crossley / Alina Vaskina

Erik Anderson

 

Belvedere Communications                                                                       +44 20 3687 2756

 

John West          

Llew Angus        

 


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