REG - Focusrite PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">TUNE.L</Origin>
RNS Number : 2077DFocusrite PLC29 January 2018Focusrite Plc
("the Company" or "the Group")
Director/PDMR Shareholding
Focusrite Plc (AIM:TUNE), received notification that Tim Dingley, classified PDMR of the Company, that on 18th January 2018 he exercised 20,847 options over ordinary shares under the Focusrite Plc PSP scheme at 0.1p each, he subsequently sold 20,847 Ordinary Shares of 0.1 pence each ("Ordinary Shares")in the Company at a price of 360 pence per Ordinary Share on 25 January 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
Tim Dingley
2
Reason for the notification
a)
Position/status
Operations Director, classified as PDMR of the Company
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
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, type of instrument
Ordinary shares of 0.1 pence each
b)
Identification code
GB00BSBMW716
c)
Nature of the transaction
Exercise of PSP options
Sale of Ordinary Shares
d)
Price(s) and volume(s)
Exercise of 20,847 PSP options at 0.1p per share
Sale of 20,847 Ordinary Shares at 360p per share
d)
Aggregated information
- Aggregated volume
- Price
NA
e)
Date of the transaction
Exercise of PSP options - 18 January 2018
Sale of Ordinary Shares - 25 January 2018
f)
Place of the transaction
Exercise of PSP options - XOFF
Sale of Ordinary Shares -XLON
-ends-
Enquiries:
Focusrite Plc:
Tim Carroll (CEO)
+44 1494 462246
Jeremy Wilson (CFO)
+44 1494 462246
Panmure Gordon
Freddy Crossley / Alina Vaskina
+44 20 7886 2968
Tom Salvesen
+44 20 7886 2904
Belvedere Communications
John West
+44 20 3567 0510
Kim van Beeck
+44 20 3567 0510
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHEAFFNAAKPEFF
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