Gear4music (Holdings) PLC Director/PDMR Shareholding (3131N)

TIDMG4M

RNS Number : 3131N

Gear4music (Holdings) PLC

24 October 2016

Gear4music (Holdings) plc

Director Share Dealings

On 24 October 2016, the board of Gear4music (Holdings) plc ("Gear4music" or "the Company") was informed that Ken Ford, Chairman, sold 15,971 shares. The beneficial holdings of Mr Ford now stand at 20,000 shares, representing 0.1% of the Company's issued share capital. The above transaction took place on 24 October 2016 at 408 pence per share.

- Ends -

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 ("PDMRs") and persons closely associated ("PCA") with them.

 
  1   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------- 
 a)   Names                    Ken Ford - Chairman 
---  -----------------------  ------------------------------------ 
 2    Reason for the notification 
---  ------------------------------------------------------------- 
 a)   Position/status          See 1(a) above, Ken Ford classified 
                                as a 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                     Gear4music (Holdings) plc 
---  -----------------------  ------------------------------------ 
 b)   LEI                       ISIN = GB00BW9PJQ87 
---  -----------------------  ------------------------------------ 
 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              Ordinary Shares of 10p each 
       of the financial 
       instrument, 
       type of instrument 
---  -----------------------  ------------------------------------ 
 b)   Identification           GB00BW9PJQ87 
       code 
---  -----------------------  ------------------------------------ 
 c)   Nature of the            Sale of Ordinary Shares 
       transactions 
---  -----------------------  ------------------------------------ 
 d)   Price(s) and             Volume(s): 
       volume(s)                15,971 Ordinary Shares 
                                Price: 408 pence per Ordinary 
                                Share 
---  -----------------------  ------------------------------------ 
 d)   Aggregated information    N/A 
       - Aggregated 
       volume 
       - Price 
---  -----------------------  ------------------------------------ 
 e)   Date of the              24 October 2016 
       transactions 
---  -----------------------  ------------------------------------ 
 f)   Place of the             London Stock Exchange, AIM Market 
       transaction              (XLON) 
---  -----------------------  ------------------------------------ 
 

Name of authorised official of issuer responsible for making notification:

Chris Scott

Company Secretary to Gear4music (Holdings) plc

For further information please contact

Gear4music [phone]

Andrew Wass, Chief Executive Officer

Chris Scott, Chief Financial Officer

Panmure Gordon [phone]

(Financial Adviser, Nominated Adviser and Broker)

Andrew Godber / Peter Steel - Investment Banking

Erik Anderson / Tom Salvesen - Corporate Broking

MHP Communications (Financial PR)

[phone]

Andrew Leach

Simon Hockridge

Isabelle Grainger

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 24, 2016 09:07 ET (13:07 GMT)