Directors' Dealings

RNS Number : 5304K
Focusrite PLC
14 December 2018
 

 

Focusrite plc

("the Company")

Directors' Dealings

 

Focusrite plc (AIM:TUNE), the global music and audio products company, was notified today that Jeremy Wilson, CFO of the Company (the "PDMR"), acquired 80,345 Ordinary Shares of 0.1 pence each in the Company via the exercise of Enterprise Management Incentive options (the "Option") at a price of 14.6 pence per Ordinary Share.

 

The Option was granted on 18 September 2014 and vested on 20 November 2018.

 

Immediately following exercise, the PDMR immediately transferred the full number of shares they acquired in connection with exercise to their spouse (being a person closely associated with the relevant PDMR) for nil consideration.

 

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 person discharging managerial responsibilities / person closely associated 

a)

 

Names 

Jeremy Wilson

2

 

Reason for the notification

a)

 

Position/status

 

Chief Financial Officer

b)

 

Initial notification /Amendment

 

Initial Notification

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 financial instrument, type of instrument

 

Ordinary shares of 0.1pence each in Focusrite plc

b)

Identification code 

 

GB00BSBMW716

c)

 

Nature of the transaction 

 

Acquisition of shares on exercise of an Enterprise Management Incentive option

d)

 

Price(s) and volume(s)

Price(s)

Volumes

14.6 pence per share

80,345

 

d)

 

Aggregated information 

- Aggregated volume

- Price

 n/a

 

e)

 

Date of the transaction 

11 December 2018

f)

 

Place of the transaction

Outside a trading venue

4B

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, type of instrument

Ordinary Shares of 0.1pence each in Focusrite plc

  Identification code

GB00BSBMW716

b)

Nature of the transaction

Transfer of shares to Elizabeth Wilson (spouse) for nil consideration

c)

Price(s) and volume(s)

 

Price(s)

Volumes

Nil

80,345

 

d)

Aggregated information

- Aggregated volume 

- Price 

Not applicable - single transaction

e)

Date of the transaction

11 December 2018

f)

Place of the transaction

Outside a trading venue

       

-ends-

 

Enquiries:

 

Focusrite plc:

 

Tim Carroll (CEO)

+44 1494 462246

Jeremy Wilson (CFO)

+44 1494 462246

 

 

Panmure Gordon

(Nominated Adviser and Broker)

 

Freddy Crossley

+44 20 7886 2500

Erik Anderson

 

+44 20 7886 2500

 

Belvedere Communications

 

John West

+44 20 3687 2753

Kim van Beeck

+44 20 3687 2757

 


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Companies

Focusrite (TUNE)
UK 100

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