Focusrite PLC Grant of Share Options to PDMR (9388T)

TIDMTUNE

RNS Number : 9388T

Focusrite PLC

25 March 2019

Focusrite plc

("the Company")

Grant of Share Options to PDMR

Focusrite plc (AIM:TUNE), the global music and audio products company, that trades under the Focusrite and Novation brands, announces that on 22 March 2019 Francine Godrich, General Counsel and Company Secretary of the Company (the "PDMR"), was granted options over ordinary shares of 0.1p each in the capital of the Company under the Company's 2018 Long Term Incentive Plan as listed below.

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.

 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Names                       Francine Godrich 
      --------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------ 
 a)    Position/status             General Counsel and Company Secretary 
      --------------------------  -------------------------------------------- 
 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 
      --------------------------  -------------------------------------------- 
 4A    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 the          Options over ordinary shares of 0.1 
        financial instrument,       pence each in Focusrite plc 
        type of instrument 
      --------------------------  -------------------------------------------- 
 b)    Identification code         GB00BSBMW716 
      --------------------------  -------------------------------------------- 
 c)    Nature of the transaction   Grant of share options to PDMR under 
                                    the Focusrite plc 2018 Long Term Incentive 
                                    Plan with an exercise price of GBP5.10 
                                    per share. 
      --------------------------  -------------------------------------------- 
 d)    Price(s) and volume(s)       Price(s)    Volumes 
                                        nil      9,803 
                                                -------- 
      --------------------------  -------------------------------------------- 
 e)    Aggregated information      Not applicable - single transaction 
        - Aggregated volume 
        - Price 
      --------------------------  -------------------------------------------- 
 f)    Date of the transaction     22 March 2019 
      --------------------------  -------------------------------------------- 
 g)    Place of the transaction    Outside a trading venue 
      --------------------------  -------------------------------------------- 
 

-ends-

Enquiries:

 
 Focusrite plc: 
 Tim Carroll (CEO)                  [phone] 
 Jeremy Wilson (CFO)                [phone] 
 
 Panmure Gordon 
  (Nominated Adviser and Broker) 
 Freddy Crossley/Alina Vaskina      [phone] 
 Erik Anderson                      [phone] 
 
   Belvedere Communications 
 John West                          [phone] 
 Kim Van Beeck                      [phone] 
 

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END

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March 25, 2019 12:44 ET (16:44 GMT)