Focusrite PLC AGM Statement and Update on Trading (9011I)
17 Dicembre 2020 - 8:00AM
UK Regulatory
TIDMTUNE
RNS Number : 9011I
Focusrite PLC
17 December 2020
Strictly embargoed until: 07.00, 17 December 2020
Focusrite plc
AGM Statement and Update on Trading
Focusrite plc (AIM: TUNE), the global music and audio products
company, will today hold its Annual General Meeting at 12.00 noon
by way of a closed meeting with only the minimum attendees present
as required to form a quorum. As shareholders are not permitted to
attend in person, voting on all resolutions will be by way of proxy
in advance of the meeting.
Phil Dudderidge, Executive Chairman, will make the following
statement regarding current trading:
"Since the year end demand for most of our products has
continued to be strong. Consequently, revenue in the first quarter
was substantially greater than the equivalent period in the
previous financial year. As mentioned at the time of the
announcement of the final results for the year ended 31 August
2020, the Board remains conscious of global factors that could
adversely impact our operations, which it will continue to
monitor."
-ends-
Enquiries:
Focusrite plc: +44 1494 836301
Tim Carroll (CEO)
Jeremy Wilson (CFO)
Panmure Gordon (Nominated Adviser and Broker) +44 20 7886 2500
Freddy Crossley / Alina Vaskina
Erik Anderson
Belvedere Communications +44 20 3687 2756
John West
Llew Angus
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 and music 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 performance sound.
The Focusrite Group trades under six established brands: Focusrite,
Focusrite Pro, Novation, Ampify, ADAM Audio and Martin Audio.
With a high-quality reputation and a rich heritage spanning
decades, its brands are category leaders in the electronic
music-making and audio music 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 music
software 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 live and installed sound
applications.
The Focusrite Group has a global customer base with a
distribution network covering approximately 160 territories.
Focusrite is headquartered in High Wycombe, UK, with marketing
offices in Los Angeles and Hong Kong. ADAM Audio has offices in
Berlin, Nashville and Dongguan, China. Martin Audio is also based
in High Wycombe with a subsidiary in the USA.
Focusrite plc is traded on the AIM market, London Stock
Exchange.
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END
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