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REG - Focusrite PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">TUNE.L</Origin>

RNS Number : 2077D
Focusrite PLC
29 January 2018

Focusrite 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 RNS
The company news service from the London Stock Exchange
END
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