Focusrite PLC Director/PDMR Shareholding (0021R)

TIDMTUNE

RNS Number : 0021R

Focusrite PLC

05 December 2016

Focusrite Plc

("the Company" or "the Group")

Director/PDMR Shareholding

Focusrite Plc (AIM:TUNE), the global music and audio products company that trades under the Focusrite and Novation brands, received notification that Robert Jenkins, classified PDMR of the Company, sold 442,508 Ordinary Shares of 0.1 pence each ("Ordinary Shares") in the Company at a price of 195 pence per Ordinary Share earlier today.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
  1   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------- 
 a)   Names                     Robert Jenkins 
---  ------------------------  ----------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status           Product Director, classified 
                                 as PDMR of the Company 
---  ------------------------  ----------------------------- 
 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                       None 
---  ------------------------  ----------------------------- 
 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            Ordinary shares of 0.1 pence 
       the financial             each 
       instrument, type 
       of instrument 
---  ------------------------  ----------------------------- 
 b)   Identification            GB00BSBMW716 
       code 
---  ------------------------  ----------------------------- 
 c)   Nature of the              On market sale 
       transaction 
---  ------------------------  ----------------------------- 
 d)   Price(s) and              Price - 195p 
       volume(s)                 Volume - 442,508 shares 
---  ------------------------  ----------------------------- 
 d)   Aggregated information     n/a 
       - Aggregated 
       volume 
       - Price 
---  ------------------------  ----------------------------- 
 e)   Date of the transaction   5 December 2016 
---  ------------------------  ----------------------------- 
 f)   Place of the              XLON 
       transaction 
---  ------------------------  ----------------------------- 
 

-ends-

Enquiries:

 
 Focusrite Plc: 
 Phil Dudderidge (Executive 
  Chairman)                    [phone] 
 Jeremy Wilson (CFO)           [phone] 
 
 Panmure Gordon 
 Freddy Crossley               [phone] 
 Tom Salvesen                  [phone] 
 
 Belvedere Communications 
 John West                     [phone] 
 Kim Van Beeck                 [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 05, 2016 10:13 ET (15:13 GMT)