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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Focusrite Plc | LSE:TUNE | London | Ordinary Share | GB00BSBMW716 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 380.00 | 370.00 | 390.00 | 380.00 | 380.00 | 380.00 | 29,759 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Musical Instrument Stores | 178.47M | 17.8M | 0.3038 | 12.51 | 222.63M |
TIDMTUNE
RNS Number : 0234T
Focusrite PLC
19 November 2021
Focusrite plc
("the Company" or "the Group")
Focusrite plc FY21 Discretionary Directors Bonus (FY21 Bonus)
Director Share Dealings
Focusrite plc (AIM:TUNE), the global music and audio products company that trades under the Focusrite and Novation brands, announces that on 16 November 2021 it awarded ordinary shares of 0.1p each in the capital of the Company ("Shares") to Tim Carroll, CEO of the Company and Sally McKone, CFO of the Company (each Persons Discharging Managerial Responsibilities ("PDMRs")), as listed below.
Director No. of Shares awarded Tim Carroll 4,740 Sally McKone 1,859
The Shares were awarded to the PDMR as part of the Company's annual bonus arrangements for the 2021 financial year. Each PDMR elected to convert a portion of their annual bonus into Shares, and in return received an award of further Shares on a 1:1 basis.
Neither PDMR may ordinarily sell, transfer, assign or dispose of the Shares for a period of two years.
Following the award Mr. Carroll's beneficial holding is 51,328 Ordinary Shares in the Company representing 0.08% of the total number of shares in the Company and Ms McKone's beneficial holding is 5,189 Ordinary Shares in the Company representing 0.008% of the total number of shares in the Company.
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) N a me Tim Carroll ----------------------------- -------------------------------------------- 2 Reason for the notification --------------------------------------------------------------------------- a) Position / st a tus 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) 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 fina Ordinary Shares of 0.1p each in Focusrite n cial instrume nt , type plc of ins t rument ----------------------------- -------------------------------------------- Identification code GB00BSBMW716 ----------------------------- -------------------------------------------- b) Nature of t h e transact Acquisition of shares pursuant to i o n Focusrite plc's annual bonus arrangements for the 2021 financial year ----------------------------- -------------------------------------------- c) Price(s) a n d vo l ume(s) Prices per Vo l umes Acquired share Nil 8,944 ------------------- ----------------------------- -------------------------------------------- d) Aggregated information Not applicable - single transaction - Aggregated volume - Price ----------------------------- -------------------------------------------- e) Date of the transaction 16 November 2021 ----------------------------- -------------------------------------------- f) Place of the transaction Outside a trading venue ----------------------------- -------------------------------------------- 1 Details of the persons discharging managerial responsibilities I person closely associated a) N a me Sally McKone ----------------------------- -------------------------------------------- 2 Reason for the notification --------------------------------------------------------------------------- a) Position / st a tus 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) 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 fina Ordinary Shares of 0.1p each in Focusrite n cial instrume nt , type plc of ins t rument ----------------------------- -------------------------------------------- Identification code GB00BSBMW716 ----------------------------- -------------------------------------------- b) Nature of t h e transact Acquisition of shares pursuant to i o n Focusrite plc's annual bonus arrangements for the 2021 financial year ----------------------------- -------------------------------------------- c) Price(s) a n d vo l ume(s) Prices per Vo l umes Acquired share Nil 3,506 ------------------- ----------------------------- -------------------------------------------- d) Aggregated information Not applicable - single transaction - Aggregated volume - Price ----------------------------- -------------------------------------------- e) Date of the transaction 16 November 2021 ----------------------------- -------------------------------------------- f) Place of the transaction Outside a trading venue ----------------------------- --------------------------------------------
-ends-
Enquiries:
Focusrite plc: Tim Carroll (CEO) +44 1494 462246 --------------------- Sally McKone (CFO) +44 1494 462246 --------------------- Investec Bank plc (Nominated Adviser and Joint Broker) +44 (0) 20 7597 5970 --------------------- David Flin --------------------- William Brinkley --------------------- Charlotte Young --------------------- Peel Hunt LLP (Joint Broker) +44 (0) 20 7418 8900 --------------------- Edward Knight --------------------- Michael Burke --------------------- James Smith --------------------- Belvedere Communications --------------------- John West +44 20 3687 2753 --------------------- Llew Angus +44 20 3687 2754 ---------------------
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
Notes to Editors
Focusrite plc is a global audio products group that develops and markets proprietary hardware and software products. Used by audio professionals and musicians, its solutions facilitate the high-quality production of recorded and live sound. The Focusrite Group trades under eight established brands: Focusrite, Focusrite Pro, Novation, Ampify, ADAM Audio, Martin Audio, Optimal Audio and Sequential.
With a high-quality reputation and a rich heritage spanning decades, its brands are category leaders in the music-making and audio recording industries. Focusrite and Focusrite Pro offer audio interfaces and other products for recording musicians, producers and professional audio facilities. Novation and Ampify products are used in the creation of electronic music, from synthesisers and grooveboxes to industry-shaping controllers and inspirational music-making apps. ADAM Audio studio monitors have earned a worldwide reputation based on technological innovation in the field of studio loudspeaker technology. Martin Audio designs and manufactures performance-ready systems across the spectrum of sound reinforcement applications. Sequential designs and manufactures high end analogue synthesizers.
The Focusrite Group has offices in four continents and a global customer base with a distribution network covering approximately 160 territories.
Focusrite plc is traded on the AIM market, London Stock Exchange.
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(END) Dow Jones Newswires
November 19, 2021 11:25 ET (16:25 GMT)
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