Source - LSE Regulatory
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 financial instrument, type of instrument

Ordinary Shares of 0.1p each in Focusrite plc

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

- Price

 

N/A (single transaction)

 

f)

Date of the transaction

13 July 2021

g)

Place of the transaction

London Stock Exchange, AIM

 

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