TIDMTUNE

RNS Number : 8644J

Focusrite PLC

29 April 2022

Focusrite plc ("Focusrite" or "the Group")

Director's Dealings/Market Share Purchase

Focusrite plc, the global music and audio products company supplying hardware and software used by professional and amateur musicians and the entertainment industry, announces that Michael Butterworth, a non-executive director, purchased 3,873 ordinary shares of 0.1p each on 28 April 2022 at a price of 1016p per share. Following the purchase, Mr. Butterworth holds 3,873 ordinary shares representing 0.006% of the Focusrite's issued share capital.

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)   N a me                       Michael Butterworth 
     ---------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position / st a tus          Non-Executive Director 
     ---------------------------  ------------------------------------------ 
 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 
     ---------------------------  ------------------------------------------ 
 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 fina     Ordinary Shares of 0.1p each in Focusrite 
        n cial instrume nt ,        plc 
        type of ins t rument 
     ---------------------------  ------------------------------------------ 
     Identification code           GB00BSBMW716 
     ---------------------------  ------------------------------------------ 
 b)   Nature of t h e transact     Purchase of ordinary shares of 0.1p 
       i o n                        each in Focusrite plc 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) a n d vo l ume(s)     Price(s)       Vo l umes 
                                         GBP10.16    3,873 
     ---------------------------  ------------------------------------------ 
 d)    Aggregated information      Not applicable - single transaction 
        - Aggregated volume 
        - Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the transaction      28 April 2022 
     ---------------------------  ------------------------------------------ 
 f)   Place of the transaction     London Stock Exchange, AIM 
     ---------------------------  ------------------------------------------ 
 

Enquiries:

 
 Focusrite plc: 
 Tim Carroll (CEO)                +44 1494 462246 
 Sally McKone (CFO)               +44 1494 462246 
 Nominated Adviser and Joint 
  Broker 
 Investec Bank plc 
  David Flin 
  William Brinkley 
  Charlotte Young 
 
  Peel Hunt LLP (Joint broker) 
  Edward Knight 
  Michael Burke 
  James Smith 
 Belvedere Communications 
 John West                        +44 20 3687 2753 
 Llew Angus                       +44 20 3687 2754 
 

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 Group trades under nine established brands: Focusrite, Focusrite Pro, Novation, Ampify, ADAM Audio, Martin Audio, Optimal Audio, Sequential and Linea.

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 manufactures high end analogue synthesizers. Linea designs, develops, manufactures and sells market innovative professional audio equipment globally.

The Group has offices in four continents and a global customer base with a distribution network covering approximately 240 territories.

Focusrite plc is traded on the AIM market, London Stock Exchange.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBKCBNFBKKNQB

(END) Dow Jones Newswires

April 29, 2022 04:37 ET (08:37 GMT)

Focusrite (LSE:TUNE)
Historical Stock Chart
From May 2022 to Jun 2022 Click Here for more Focusrite Charts.
Focusrite (LSE:TUNE)
Historical Stock Chart
From Jun 2021 to Jun 2022 Click Here for more Focusrite Charts.