Focusrite PLC Director's Dealings (5563Z)
16 December 2017 - 3:02AM
UK Regulatory
TIDMTUNE
RNS Number : 5563Z
Focusrite PLC
15 December 2017
Focusrite Plc
("Focusrite" or "the Company")
Director's Dealings
Exercise of Share Options
Focusrite Plc (AIM:TUNE), the global music and audio products
company that trades under the Focusrite and Novation brands,
received notification that Jeremy Wilson, Chief Financial Officer
of the Company, pursuant to the Focusrite Audio Engineering Limited
EMI Plan 2014, has exercised the option to acquire 91,295 Ordinary
Shares of 0.1 pence each ("Ordinary Shares") in the Company. These
options were exercised at a price of GBP0.146 each resulting in
Focusrite receiving GBP13,329.07. The options will be satisfied
from the Ordinary Shares held by the Focusrite Audio Engineering
Limited Employee Benefit Trust.
Following the options exercise, Mr. Wilson will have a
beneficial interest of 137,266 Ordinary Shares representing 0.24%
of the Group's issued share capital.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
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, Director
of the Company
--- ------------------------ ----------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------ ----------------------------------
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 of instrument; (ii)
each type of transaction; (iii) each date;
and (iv) each place where transactions have
been conducted
--- ------------------------------------------------------------
a) Description of Options over Ordinary shares
the financial of 0.1 pence each
instrument, type
of instrument
--- ------------------------ ----------------------------------
b) Identification GB00BSBMW716
code
--- ------------------------ ----------------------------------
c) Nature of the Options exercise
transaction
--- ------------------------ ----------------------------------
d) Price(s) and Exercise Price - GBP0.146
volume(s) Volume - 91,295 Ordinary Shares
--- ------------------------ ----------------------------------
d) Aggregated information NA
- Aggregated
volume
- Price
--- ------------------------ ----------------------------------
e) Date of the transaction 15 December 2017
--- ------------------------ ----------------------------------
f) Place of the NA
transaction
--- ------------------------ ----------------------------------
-ends-
Enquiries:
Focusrite Plc:
Tim Carroll (CEO) +44 1494 462246
Jeremy Wilson (CFO) +44 1494 462246
Panmure Gordon
Freddy Crossley / Alina
Vaskina +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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