Source - LSE Regulatory
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 person closely associated

a)

Name

 Michael Butterworth

2

Reason for the notification

a)

Position/status

 Non-Executive Director

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

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 financial instrument, type of instrument

Ordinary Shares of 0.1p each in Focusrite plc

GB00BSBMW716

b)

Nature of the transaction

Purchase of ordinary shares of 0.1p each in Focusrite plc

c)

Price(s) and volume(s)

 

Price(s)

Volumes

£10.16

3,873

 

 

d)

Aggregated information

- Aggregated volume 

- Price 

Not applicable - single transaction

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.

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