For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230609:nRSI2729Ca&default-theme=true
RNS Number : 2729C Focusrite PLC 09 June 2023
Focusrite plc
("the Company" or "the Group")
Notification of PDMR Transactions
Focusrite plc (AIM: TUNE), the global music and audio products company,
announces that a Person Discharging Managerial Responsibilities (PDMR)
completed the sale of part of their beneficial interest in the Company.
Christian Hellinger, CEO ADAM Audio, has sold the 3,036 ordinary shares of 0.1
pence each in the capital of the Company ("Ordinary Shares") at 480.00 pence
per Ordinary Share on 7 June 2023 and
1,000 Ordinary Shares also at 480.00 pence per Ordinary Share on 8 June
2023.
Following the transaction, Christian Hellinger will retain a beneficial
holding of 1,200 Ordinary Shares which represents 0.002% of the current issued
share capital.
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 persons discharging managerial responsibilities I person
closely associated
a) Name Rolf Christian Hellinger
2 Reason for the notification
a) Position/status CEO, ADAM Audio
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 0.1p each in Focusrite plc
Identification code GB00BSBMW716
b) Nature of the transaction Sale of 3,036 ordinary shares of 0.1p each in Focusrite plc
c) Price(s) and volume(s)
Price(s) Volumes
£4.80 3,036
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 7 June 2023
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
7 June 2023
f)
Place of the transaction
London Stock Exchange
1 Details of the persons discharging managerial responsibilities I person
closely associated
a) Name Rolf Christian Hellinger
2 Reason for the notification
a) Position/status CEO, ADAM Audio
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 0.1p each in Focusrite plc
Identification code GB00BSBMW716
b) Nature of the transaction Sale of 1,000 ordinary shares of 0.1p each in Focusrite plc
c) Price(s) and volume(s)
Price(s) Volumes
£4.80 1,000
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 8 June 2023
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
8 June 2023
f)
Place of the transaction
London Stock Exchange
-ends-
Enquiries:
Focusrite plc +44 1494 462246
Tim Carroll (CEO)
Sally McKone (CFO)
Investec Bank plc (Nominated Adviser and Joint Broker) +44 20 7597 5970
David Flin
Ed Knight
William Brinkley
Peel Hunt LLP (Joint broker) +44 20 7418 8900
Paul Gillam
Michael Burke
James Smith
Belvedere Communications +44 20 3008 6864
John West
Llew Angus
Notes to Editors
Focusrite plc is a global audio products group that develops and markets
proprietary hardware and software products. Used by audio professionals and
musicians, its solutions facilitate the high-quality production of recorded
and live sound. The Group trades under eleven established brands: Focusrite,
Focusrite Pro, Novation, Ampify, ADAM Audio, Martin Audio, Optimal Audio,
Linea Research, Sequential, Oberheim and Sonnox.
With a high-quality reputation and a rich heritage spanning decades, its
brands are category leaders in the music-making and audio recording
industries. Focusrite and Focusrite Pro design and manufacture audio
interfaces and other products for recording musicians, producers and
professional audio facilities. Novation and Ampify products are used in the
creation of electronic music, from synthesisers and grooveboxes to
industry-shaping controllers and inspirational music-making apps. ADAM Audio
studio monitors have earned a worldwide reputation based on technological
innovation in the field of studio loudspeaker technology. Martin Audio
designs and manufactures performance-ready systems across the spectrum of
sound reinforcement applications. Linea Research designs, develops,
manufactures and sells market innovative professional audio equipment
globally. Sequential designs and manufactures high end analogue synthesizers
under the Sequential and Oberheim brands. Sonnox is a leading designer of
innovative, high quality, award-winning audio processing software plug-ins for
professional audio engineers.
The Group has offices in four continents and a global customer base with a
distribution network covering approximately 240 territories.
Focusrite plc is traded on the AIM market of the London Stock Exchange.
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
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHGCGDLXUGDGXC