Focusrite PLC PDMR (6154J)
December 14 2022 - 2:00AM
UK Regulatory
TIDMTUNE
RNS Number : 6154J
Focusrite PLC
14 December 2022
Focusrite plc
("the Company" or "the Group")
Focusrite plc FY22 Discretionary Directors Bonus (FY22
Bonus)
Director Share Dealings
Focusrite plc (AIM:TUNE), the global music and audio products
company that trades under the Focusrite and Novation brands,
announces that on 8 December 2022 it awarded ordinary shares of
0.1p each in the capital of the Company ("Shares") to Tim Carroll,
CEO of the Company and Sally McKone, CFO of the Company (each
Persons Discharging Managerial Responsibilities ("PDMRs")), as
listed below.
Director No. of Shares awarded
Tim Carroll 3,928
Sally McKone 3,081
The Shares were awarded to the PDMR under the Company's annual
bonus arrangements for the 2022 financial year. Each PDMR elected
to convert their annual bonus into Shares, and in return received
an award of further Shares on a 1:1 basis.
Neither PDMR may ordinarily sell, transfer, assign or dispose of
the Shares for a period of two years.
Following the award Mr. Carroll's beneficial holding is 82,669
Ordinary Shares in the Company representing 0.139% of the total
number of shares in the Company and Ms McKone's beneficial holding
is 8,759 Ordinary Shares in the Company representing 0.014% of the
total number of shares in the Company.
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 Tim Carroll
---------------------------- --------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position / st a tus Chief Executive Officer
---------------------------- --------------------------------------------
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) Legal Entity Identifier 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 fina Ordinary Shares of 0.1p each in Focusrite
n cial instrume nt , type plc
of ins t rument
---------------------------- --------------------------------------------
Identification code GB00BSBMW716
---------------------------- --------------------------------------------
b) Nature of t h e transact Acquisition of shares pursuant to
i o n Focusrite plc's annual bonus arrangements
for the 2022 financial year
---------------------------- --------------------------------------------
c) Price(s) a n d vo l ume(s) Prices per Vo l umes Acquired
share
Nil 3,928
-------------------
---------------------------- --------------------------------------------
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
---------------------------- --------------------------------------------
e) Date of the transaction 8 December 2022
---------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
---------------------------- --------------------------------------------
1 Details of the persons discharging managerial responsibilities
I person closely associated
a) N a me Sally McKone
---------------------------- --------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position / st a tus Chief Financial Officer
---------------------------- --------------------------------------------
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) Legal Entity Identifier 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 fina Ordinary Shares of 0.1p each in Focusrite
n cial instrume nt , type plc
of ins t rument
---------------------------- --------------------------------------------
Identification code GB00BSBMW716
---------------------------- --------------------------------------------
b) Nature of t h e transact Acquisition of shares pursuant to
i o n Focusrite plc's annual bonus arrangements
for the 2022 financial year
---------------------------- --------------------------------------------
c) Price(s) a n d vo l ume(s) Prices per Vo l umes Acquired
share
Nil 3,081
-------------------
---------------------------- --------------------------------------------
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
---------------------------- --------------------------------------------
e) Date of the transaction 8 December 2022
---------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
---------------------------- --------------------------------------------
-ends-
Enquiries:
Focusrite plc:
Tim Carroll (CEO) +44 1494 462246
---------------------
Sally McKone (CFO) +44 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) 203 008 6866
---------------------
Llew Angus +44 (0) 203 008 6866
---------------------
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 ten established brands: Focusrite, Focusrite
Pro, Novation, Ampify, ADAM Audio, Martin Audio, Optimal Audio,
Linea Research Sequential and Oberheim.
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. Linea designs, develops, manufactures
and sells market innovative professional audio equipment globally.
Sequential designs and manufactures high end analogue synthesizers
under the Sequential and Oberheim brands.
The Focusrite 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.
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