Focusrite PLC Grant of Share Options to Directors (7391Y)
03 Gennaio 2020 - 03:47PM
UK Regulatory
TIDMTUNE
RNS Number : 7391Y
Focusrite PLC
03 January 2020
Focusrite plc
("the Company" or "the Group")
Directors' Dealings
Grant of Share Options to Directors
Focusrite plc (AIM:TUNE), the global music and audio products
company that trades under the Focusrite and Novation brands,
announces that on 23 December 2019 it granted nominal cost options
over ordinary shares of 0.1p each in the capital of the Company
under the Company's Performance Share Plan to certain 'persons
discharging managerial responsibilities' of the Company ("PDMRs")
as listed below.
PDMR No. of shares under
option
Tim Carroll 47,263
Jeremy Wilson 35,655
Damian Hawley 12,520
Tim Dingley 11,691
Giles Orford 9,151
Simon Holt 9,394
The options will ordinarily vest on the third anniversary of the
grant date, subject to the Remuneration Committee's determination
of the extent to which the performance condition applicable to the
award has been satisfied and to the individual's ongoing employment
with the Company's group.
The performance condition measures compound annual growth in the
Company's adjusted earnings per share over the period from 1
September 2019 to 31 August 2022. Fuller details of the performance
condition shall be set out in the Company's Directors' Remuneration
Report for the year ending 31 August 2020.
Once vested, options shall remain exercisable until the tenth
anniversary of the grant date.
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
I person closely associated
a) Name Tim Carroll
--------------------------------- ------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status Chief Executive 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
--------------------------------- ------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type ofinstrument; (ii) each type of transaction;
(iii) each date; and
(iv) each placewhere transactions have been conducted
-----------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of 0.1p each in Focusrite
instrument, type of instrument plc
--------------------------------- ------------------------------------------
Identification code GB00BSBMW716
--------------------------------- ------------------------------------------
b) Nature of the transaction Grant of a nominal cost option under
the Focusrite plc Performance Share
Plan.
--------------------------------- ------------------------------------------
c) Price(s) and volume(s) Price(s) Volumes
Nil 47,263
------------
--------------------------------- ------------------------------------------
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
--------------------------------- ------------------------------------------
e) Date of the transaction 23 December 2019
--------------------------------- ------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------- ------------------------------------------
1 Details of the persons discharging managerial responsibilities
I person closely associated
a) Name 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
--------------------------------- ------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type ofinstrument; (ii) each type of transaction;
(iii) each date; and
(iv) each placewhere transactions have been conducted
-----------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of 0.1p each in Focusrite
instrument, type of instrument plc
--------------------------------- ------------------------------------------
Identification code GB00BSBMW716
--------------------------------- ------------------------------------------
b) Nature of the transaction Grant of a nominal cost option under
the Focusrite plc Performance Share
Plan.
--------------------------------- ------------------------------------------
c) Price(s) and volume(s) Exercise Prices Volumes
per share
Nil 35,655
------------
--------------------------------- ------------------------------------------
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
--------------------------------- ------------------------------------------
e) Date of the transaction 23 December 2019
--------------------------------- ------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------- ------------------------------------------
1 Details of the persons discharging managerial responsibilities
I person closely associated
a) Name Damian Hawley
------------------------------ ------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Chief Revenue 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) Legal Entity Identifier 213800JJ51KA4LOTF736
------------------------------ ------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type ofinstrument; (ii) each type of transaction;
(iii) each date; and
(iv) each placewhere transactions have been conducted
--------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of 0.1p each in Focusrite
instrument, type of plc
instrument
------------------------------ ------------------------------------------
Identification code GB00BSBMW716
------------------------------ ------------------------------------------
b) Nature of the transaction Grant of a nominal cost option under
the Focusrite plc
Performance Share Plan.
------------------------------ ------------------------------------------
c) Price(s) and volume(s) Price(s) Volumes
Nil 12,520
------------
------------------------------ ------------------------------------------
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
------------------------------ ------------------------------------------
e) Date of the transaction 23 December 2019
------------------------------ ------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ ------------------------------------------
1 Details of the persons discharging managerial responsibilities
I person closely associated
--------------------------------------------------------------------------
a) Name Tim Dingley
------------------------------ ------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Chief Operating 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) Legal Entity Identifier 213800JJ51KA4LOTF736
------------------------------ ------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type ofinstrument; (ii) each type of transaction;
(iii) each date; and
(iv) each placewhere transactions have been conducted
--------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of 0.1p each in Focusrite
instrument, type of plc
instrument
------------------------------ ------------------------------------------
Identification code GB00BSBMW716
------------------------------ ------------------------------------------
b) Nature of the transaction Grant of a nominal cost option under
the Focusrite plc Performance Share
Plan.
------------------------------ ------------------------------------------
c) Price(s) and volume(s) Price(s) Volumes
Nil 11,691
------------
------------------------------ ------------------------------------------
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
------------------------------ ------------------------------------------
e) Date of the transaction 23 December 2019
------------------------------ ------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ ------------------------------------------
1 Details of the persons discharging managerial responsibilities
I person closely associated
a) Name Giles Orford
------------------------------ ------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Brand Director
------------------------------ ------------------------------------------
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) Legal Entity Identifier 213800JJ51KA4LOTF736
------------------------------ ------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type ofinstrument; (ii) each type of transaction;
(iii) each date; and
(iv) each placewhere transactions have been conducted
--------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of 0.1p each in Focusrite
instrument, type of plc
instrument
------------------------------ ------------------------------------------
Identification code GB00BSBMW716
------------------------------ ------------------------------------------
b) Nature of the transaction Grant of a nominal cost option under
the Focusrite plc Performance Share
Plan.
------------------------------ ------------------------------------------
c) Price(s) and volume(s) Price(s) Volumes
Nil 9,151
-----------
------------------------------ ------------------------------------------
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
------------------------------ ------------------------------------------
e) Date of the transaction 23 December 2019
------------------------------ ------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ ------------------------------------------
1 Details of the persons discharging managerial responsibilities
I person closely associated
a) Name Simon Holt
------------------------------ ------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Engineering Director
------------------------------ ------------------------------------------
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) Legal Entity Identifier 213800JJ51KA4LOTF736
------------------------------ ------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type ofinstrument; (ii) each type of transaction;
(iii) each date; and
(iv) each placewhere transactions have been conducted
--------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of 0.1p each in Focusrite
instrument, type of plc
instrument
------------------------------ ------------------------------------------
Identification code GB00BSBMW716
------------------------------ ------------------------------------------
b) Nature of the transaction Grant of a nominal cost option under
the Focusrite plc Performance Share
Plan.
------------------------------ ------------------------------------------
c) Price(s) and volume(s) Price(s) Volumes
Nil 9,394
-----------
------------------------------ ------------------------------------------
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
------------------------------ ------------------------------------------
e) Date of the transaction 23 December 2019
------------------------------ ------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ ------------------------------------------
-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
DSHUPUQWGUPUGCW
(END) Dow Jones Newswires
January 03, 2020 09:47 ET (14:47 GMT)
Grafico Azioni Focusrite (LSE:TUNE)
Storico
Da Feb 2024 a Mar 2024
Grafico Azioni Focusrite (LSE:TUNE)
Storico
Da Mar 2023 a Mar 2024