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Focusrite PLC (TUNE)

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Wednesday 08 December, 2021

Focusrite PLC

Notification of PDMR Transactions

RNS Number : 0094V
Focusrite PLC
08 December 2021
 

 

Focusrite plc

 

(the "Company" or the "Group")

 

Notification of PDMR Transactions

 

Focusrite plc (AIM: TUNE), the global music and audio products company, announces that a person closely associated with a Person Discharging Managerial Responsibilities (PDMR) completed the sale of part of their beneficial interest in the Company on 7 December 2021.

 

Damian Hawley, Chief Revenue Officer, has sold 9,057 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") at 1600.00 pence per Ordinary Share and Lisa Hawley, spouse of Damian Hawley, has sold 8,795 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") at 1600.00 pence per Ordinary Share.  Following the transaction, Damian Hawley will retain a beneficial holding of 160,000 Ordinary Shares which represents 0.27% of the current issued share capital.

 

1

Details of the persons discharging managerial responsibilities  person closely  associated

a)

N a me

 Damian Hawley

2

Reason for the notification

a)

Position / st a tus

 Chief Revenue 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)

Descriptionof the fina n cial instrume nt ,  type  of ins t rument

Ordinary Shares of 0.1p each in Focusrite plc

Identification code

GB00BSBMW716

b)

Nature of t h e transact i o n

Sale of 9,057 ordinary shares of 0.1p each in Focusrite plc

c)

Price(s) a n d  vo l ume(s)

 

Price(s)

Vo l umes

£ 16.00

9,057

 

d)

Aggregated information

- Aggregated volume 

- Price 

Not applicable - single transaction

e)

Date of the transaction

7 December 2021

f)

Place of the transaction

London Stock Exchange

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

a)

Descriptionof the fina n cial instrume nt ,  type  of ins t rument

Ordinary Shares of 0.1p each in Focusrite plc

Identification code

GB00BSBMW716

b)

Nature of t h e transact i o n

Sale of shares of a person closely associated with a Person Discharging Managerial Responsibilities

c)

Price(s) a n d  vo l ume(s)

 

Price(s)

Vo l umes

£16.00

8,795

 

d)

Aggregated information

- Aggregated volume 

- Price 

Not applicable - single transaction

e)

Date of the transaction

7 December 2021

f)

Place of the transaction

London Stock Exchange

 

 

-ends-

Focusrite plc:

 

Tim Carroll (CEO)

+44 (0) 1494 462246

Sally McKone (CFO)

+44 (0) 1494 462246

 

 

Investec Bank plc (Nominated Adviser and Joint Broker)

+44 (0) 20 7597 5970

David Flin

 

William Brinkley

 

Charlotte Young

 

 

 

Peel Hunt LLP (Joint Broker)

+44 (0) 20 7418 8900

Edward Knight

 

Michael Burke

 

James Smith

 

 

 

Belvedere Communications

 

John West

+44 (0) 20 3687 2753

Llew Angus

+44 (0) 20 3687 2754

 

 

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