Focusrite PLC Director/PDMR Shareholding (2694F)
15 July 2021 - 12:56AM
UK Regulatory
TIDMTUNE
RNS Number : 2694F
Focusrite PLC
14 July 2021
For immediate release
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 13 July
2021.
Lisa Hawley, spouse of Damian Hawley, Chief Revenue Officer, has
sold 3,688 ordinary shares of 0.1 pence each in the capital of the
Company ("Ordinary Shares") at 1367.551 pence per Ordinary.
Following the transaction, Damian Hawley will retain a beneficial
holding of 168,795 Ordinary Shares which represents 0.28% of the
current issued share capital.
- Ends-
Enquiries:
Focusrite plc:
Tim Carroll (CEO) +44 1494 462246
Sally McKone (CFO) +44 1494 462246
Panmure Gordon (Nominated Adviser
and Broker)
Freddy Crossley (Corporate Finance) +44 20 7886 2500
Erik Anderson (Corporate Broking) +44 20 7886 2500
Belvedere Communications
John West +44 20 3687 2753
Llew Angus +44 20 3687 2754
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
Notes to Editors
Focusrite plc is a global audio products group that develops and
markets proprietary hardware and software products. Used by audio
professionals and musicians, its solutions facilitate the
high-quality production of recorded and live sound. The Focusrite
Group trades under eight established brands: Focusrite, Focusrite
Pro, Novation, Ampify, ADAM Audio, Martin Audio, Optimal Audio and
Sequential.
With a high-quality reputation and a rich heritage spanning
decades, its brands are category leaders in the music-making and
audio recording industries. Focusrite and Focusrite Pro offer audio
interfaces and other products for recording musicians, producers
and professional audio facilities. Novation and Ampify products are
used in the creation of electronic music, from synthesisers and
grooveboxes to industry-shaping controllers and inspirational
music-making apps. ADAM Audio studio monitors have earned a
worldwide reputation based on technological innovation in the field
of studio loudspeaker technology. Martin Audio designs and
manufactures performance-ready systems across the spectrum of sound
reinforcement applications. Sequential designs and manufacturers
high end analogue synthesizers.
The Focusrite Group has offices in four continents and a global
customer base with a distribution network covering approximately
160 territories.
Focusrite plc is traded on the AIM market, London Stock
Exchange.
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) Name Lisa Hawley
------------------------------- ------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status Person closely associated with a PDMR,
Damian Hawley, 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
------------------------------- ------------------------------------------
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 Ordinary Shares of 0.1p each in Focusrite
financial instrument, plc
type of instrument
------------------------------- ------------------------------------------
b) Identification Code GB00BSBMW716
------------------------------- ------------------------------------------
c) Nature of the transaction Sale of Ordinary Shares
------------------------------- ------------------------------------------
d) Price(s) and volume(s) 3,688 Ordinary Shares
1367.551 pence per Ordinary Share
------------------------------- ------------------------------------------
e) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
------------------------------- ------------------------------------------
f) Date of the transaction 13 July 2021
------------------------------- ------------------------------------------
g) Place of the transaction London Stock Exchange, AIM
------------------------------- ------------------------------------------
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END
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