Focusrite PLC Director/PDMR Shareholding (3445N)

TIDMTUNE

RNS Number : 3445N

Focusrite PLC

08 May 2018

Focusrite Plc

("the Company" or "the Group")

Director/PDMR Shareholding

Focusrite Plc (AIM:TUNE), received notification that Damian Hawley, classified PDMR of the Company, sold 125,000 Ordinary Shares of 0.1 pence each ("Ordinary Shares") in the Company at a price of 475 pence per Ordinary Share on 4 May 2018.

Focusrite Plc (AIM:TUNE), also received notification that Giles Orford, classified PDMR of the Company, sold 216,000 Ordinary Shares in the Company at a price of 475 pence per Ordinary Share on 4 May 2018.

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                    1. Damian Hawley 
                                2. Giles Orford 
---  -----------------------  ---------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------- 
 a)   Position/status          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                      213800JJ51KA4LOTF736 
---  -----------------------  ---------------------------------------- 
 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 0.1 pence 
       of the financial         each 
       instrument, 
       type of instrument 
---  -----------------------  ---------------------------------------- 
 b)   Identification           GB00BSBMW716 
       code 
---  -----------------------  ---------------------------------------- 
 c)   Nature of the             Sale of Ordinary Shares 
       transaction 
---  -----------------------  ---------------------------------------- 
 d)   Price(s) and                  1. Price - 475p. Volume - 125,000 
       volume(s)                     shares 
                                     2. Price - 475p. Volume - 216,000 
                                     shares 
---  -----------------------  ---------------------------------------- 
 d)   Aggregated information    NA 
       - Aggregated 
       volume 
       - Price 
---  -----------------------  ---------------------------------------- 
 e)   Date of the              4 May 2018 
       transaction 
---  -----------------------  ---------------------------------------- 
 f)   Place of the             AIMX 
       transaction 
---  -----------------------  ---------------------------------------- 
 

-ends-

Enquiries:

 
 Focusrite Plc: 
 Tim Carroll (CEO)           [phone] 
 Jeremy Wilson (CFO)         [phone] 
 
 Panmure Gordon 
 Freddy Crossley / Alina 
  Vaskina                    [phone] 
 Erik Anderson               [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

DSHEAPSPEAPPEEF

(END) Dow Jones Newswires

May 08, 2018 04:31 ET (08:31 GMT)