Gear4music (Holdings) PLC Director/PDMR Shareholding (5066N)

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RNS Number : 5066N

Gear4music (Holdings) PLC

18 January 2019

18 January 2019

Gear4music (Holdings) plc

("Gear4music" or "the Company")

PDMR / Director Dealings

On 18 January 2019, Gear4music (Holdings) plc, the largest UK based online retailer of musical instruments and music equipment, was informed that the Company's Non-Executive Chairman Ken Ford today purchased 10,000 ordinary shares of 10p in the Company ("Ordinary Shares") at a price of 183.5 pence each. Mr Ford's interest is now in 40,000 Ordinary Shares, representing 0.19% of the Company's issued share capital.

For further information contact:

 
 Gear4music 
  Andrew Wass, Chief Executive Officer 
  Chris Scott, Chief Financial Officer    [phone] 
 
 N+1 Singer                               [phone] 
  (Nominated Adviser and Joint Broker) 
  Richard Lindley, Corporate Finance 
  Rachel Hayes, Corporate Broking 
 
  Peel Hunt                                [phone] 
  (Joint Broker) 
  Adrian Trimmings 
  George Sellar 
 
  Alma PR                                  [phone] 
  (Financial PR)                           [e-mail] 
  Josh Royston 
  Rebecca Sanders-Hewett 
  Helena Bogle 
 
 

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 ("PCAs") with them.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                 Ken Ford 
     -----------------------------------  ------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                      PDMR (Non-Executive Chairman) 
     -----------------------------------  ------------------------------------- 
 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                                  2138005H4W74HDGSFC49 
     -----------------------------------  ------------------------------------- 
 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 the 
       financial instrument,                 Ordinary Shares of 10 pence each 
       type of instrument                    ("Ordinary Shares") 
 
       Identification code                   GB00BW9PJQ87 
     -----------------------------------  ------------------------------------- 
 b)   Nature of the transaction            Purchase of Ordinary Shares 
     -----------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)                 Price              Volume 
     -----------------------------------  -----------  ------------------------ 
                                             183.5p         10,000 Ordinary 
                                                                 Shares 
     -----------------------------------  -----------  ------------------------ 
 d)   Aggregated information 
       - Aggregated volume                   N/A 
       - Price 
     -----------------------------------  ------------------------------------- 
 e)   Date of the transaction              18 January 2019 
     -----------------------------------  ------------------------------------- 
 f)   Place of the transaction             London Stock Exchange, AIM Market 
                                            (XLON) 
     -----------------------------------  ------------------------------------- 
 

Name of authorised official of issuer responsible for making notification:

Chris Scott

Company Secretary to Gear4music (Holdings) plc

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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January 18, 2019 04:55 ET (09:55 GMT)