TUNE Focusrite Plc

TIDMTUNE

RNS Number : 7394Y

Focusrite PLC

03 January 2020

Focusrite plc

("the Company")

Directors' Dealings

Focusrite plc (AIM:TUNE), the global music and audio products company, was notified today that Jeremy Wilson, CFO of the Company (the "PDMR"), acquired 133,334 Ordinary Shares of 0.1 pence each in the Company via the exercise of Enterprise Management Incentive options (the "Option") at a price of 14.6 pence per Ordinary Share.

The Option was granted on 18 September 2014 and vested on 20 December 2019.

Immediately following exercise, the PDMR immediately transferred the full number of shares they acquired in connection with exercise to the PDMR's account with a nominee, Ferlim Nominees Limited.

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.

 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Names                       Jeremy Wilson 
      --------------------------  ------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------- 
 a)    Position/status             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)    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          Ordinary shares of 0.1pence each in 
        financial instrument,       Focusrite plc 
        type of instrument 
      --------------------------  ------------------------------------------- 
 b)    Identification code         GB00BSBMW716 
      --------------------------  ------------------------------------------- 
 c)    Nature of the transaction   Acquisition of shares on exercise of 
                                    an Enterprise Management Incentive option 
      --------------------------  ------------------------------------------- 
 d)    Price(s) and volume(s)       Price(s)             Volumes 
                                        14.6 pence per 
                                         share            133,334 
                                                         -------- 
      --------------------------  ------------------------------------------- 
 d)    Aggregated information       n/a 
        - Aggregated volume 
        - Price 
      --------------------------  ------------------------------------------- 
 e)    Date of the transaction     31 December 2019 
      --------------------------  ------------------------------------------- 
 f)    Place of the transaction    Outside a trading venue 
      --------------------------  ------------------------------------------- 
 4B   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 
      ----------------------------------------------------------------------- 
 

-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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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January 03, 2020 09:40 ET (14:40 GMT)

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