REG - Focusrite PLC - Directors' Dealings

FocusriteAnnouncement

14/12/2018 10:15

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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