Focusrite PLC PDMR Grant of Share Options (3534X)
23 November 2017 - 9:22PM
UK Regulatory
TIDMTUNE
RNS Number : 3534X
Focusrite PLC
23 November 2017
Focusrite Plc
("the Company" or "the Group")
PDMR Grant of Share Options
Focusrite Plc (AIM:TUNE), the global music and audio products
company that trades under the Focusrite and Novation brands,
announces that on 22 November 2017 it issued 29,305 options under
the Company's Performance Share Plan to Persons Discharging
Managerial Responsibility ("PDMRs") as listed below. The awards
have a vesting date of 22 November 2020.
PDMR Options
granted
Damian Hawley 6,960
Tim Dingley 6,480
Giles Orford 5,194
Simon Holt 4,560
Mike Warriner 6,111
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 persons discharging managerial responsibilities
I person closely associated
--- -----------------------------------------------------------------------------------
a) Name 1. Damian Hawley
2. Tim Dingley
3. Giles Orford
4. Simon Holt
5. Mike Warriner
--- --------------------------------- ------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------
a) Position/status classified as PDMRs of the Company
--- --------------------------------- ------------------------------------------------
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
--- --------------------------------- ------------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type ofinstrument; (ii) each type of transaction;
(iii) each date; and (iv) each placewhere transactions
have been conducted
--- -----------------------------------------------------------------------------------
a) Description of the financial Option over Ordinary Shares of 0.1p each
instrument, type of instrument
--- --------------------------------- ------------------------------------------------
Identification code GB00BSBMW716
--- --------------------------------- ------------------------------------------------
b) Nature of the transaction Grant of options
--- --------------------------------- ------------------------------------------------
c) Price(s) and volume(s) Exercise Volumes
Prices per
share
-------------- ---------------
1. 0.1p 1. 6,960
2. 0.1p 2. 6,480
3. 0.1p 3. 5,194
4. 0.1p 4. 4,560
5. 0.1p 5. 6,111
-------------- ---------------
--- --------------------------------- ------------------------------------------------
d) Aggregated information Weighted average exercise price: 0.1p per share
- Aggregated volume Aggregated volume: 29,305
- Price
--- --------------------------------- ------------------------------------------------
e) Date of the transaction 22 November 2017
--- --------------------------------- ------------------------------------------------
f) Place of the transaction Outside a trading venue
--- --------------------------------- ------------------------------------------------
-ends-
Enquiries:
Focusrite Plc:
Phil Dudderidge (Executive
Chairman) +44 1494 462246
Jeremy Wilson (CFO) +44 1494 462246
Panmure Gordon
Freddy Crossley +44 20 7886 2968
Tom Salvesen +44 20 7886 2904
Belvedere Communications
John West +44 20 3567 0510
Kim van Beeck +44 20 3567 0510
This information is provided by RNS
The company news service from the London Stock Exchange
END
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