RNS Number : 9938D
Gear4music (Holdings) PLC
21 February 2024
 

Gear4music (Holdings) plc

("Gear4music" or " the Group")

 

PDMR Dealings

 

The Group has been notified that on 16 February 2024 Ken Ford, Chairman and Non-Executive Director, completed a transfer of his self-invested personal pension ("SIPP") from one provider to another in specie (the "Transfer").

Following the completion of the Transfer, Mr Ford's total beneficial interest in the Company remains unchanged at 40,000 Ordinary Shares, representing 0.19% of the total issued share capital.

Details of the transaction can be found in the Notification of Dealing Form below. 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Ken Ford

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chairman and 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

 

 

Gear4music (Holdings) plc

b)

 

LEI

 

 

2138005H4W74HDGSFC49

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  £0.10 each



Identification code

GB00BW9PJQ87



b)

 

Nature of the transaction

 

 

Transfer of Ordinary Shares - change of SIPP provider resulting in no change to beneficial ownership

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

10,000







d)

 

Aggregated information




- Aggregated volume

n/a



- Price

n/a



e)

 

Date of the transaction

 

 

16 February 2024

f)

 

Place of the transaction

 

 

Outside a trading venue

 

Enquiries:

 

Gear4music

Andrew Wass, Chief Executive Officer

Chris Scott, Chief Financial Officer

+44 (0)20 3405 0205



Singer Capital Markets - Nominated Adviser and Broker

Peter Steel/Sam Butcher, Corporate Finance

Tom Salvesen, Corporate Broking

+44 (0)20 7496 3000

 

 


Alma - Financial PR

Rebecca Sanders-Hewett

Joe Pederzolli

David Ison

+44 (0)20 3405 0205

Gear4music@almastrategic.com

 

About Gear4music (Holdings) plc

Operating from a Head Office in York, Distribution Centres in York, Bacup, Sweden, Germany, Ireland & Spain, and showrooms in York, Bacup, Sweden & Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and the Rest of the World.

 

Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.

 

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