REG - Focusrite PLC - Notification of PDMR Transactions
22/03/2024 15:45
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RNS Number : 0255I Focusrite PLC 22 March 2024
For immediate release
Focusrite plc
("Focusrite" or "the Group")
Focusrite announces that:
On 21 March 2024 Timothy Carroll, Group CEO of the Company and a Person
Discharging Managerial Responsibilities, has purchased 3,386 Ordinary Shares
on market at a price of 295.260p per Ordinary Share. Following this share
purchase, Timothy Carroll will hold 100,832 Ordinary Shares in Focusrite
representing 0.170% of the total number of shares in the Company;
On 20 March 2024 Dominic Harter, Managing Director of Optimal Audio Group
Limited and a Person Discharging Managerial Responsibilities, has purchased
3,048 ordinary shares of 0.1p each in Focusrite ("Ordinary Shares") on market
at a price of 290.000p per Ordinary Share. Following this share purchase,
Dominic Harter will hold 3,048 Ordinary Shares in Focusrite representing
0.005% of the total number of shares in the Company;
On 21 March 2024 Timothy Dingley, Managing Director of Focusrite Audio
Engineering Limited and a Person Discharging Managerial Responsibilities, has
purchased 3,725 Ordinary Shares on market at a price of 294.89p per Ordinary
Share. Following this share purchase, Timothy Dingley will have a beneficial
interest in 250,197 Ordinary Shares in Focusrite representing 0.422% of the
total number of shares in the Company; and
On 21 March 2024 Lisa Hawley, a person closely associated with Damian Hawley,
Chief Revenue Officer and a Person Discharging Managerial Responsibilities,
has purchased 6,655 Ordinary Shares on market at a price of 299.000p per
Ordinary Share. Following this share purchase, Damian Hawley will have a
beneficial interest in 162,290 Ordinary Shares in Focusrite representing
0.274% of the total number of shares in the Company.
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 Dominic Harter
2 Reason for the notification
a) Position/status Managing Director of Optimal Audio Group Limited
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) Legal Entity Identifier 213800JJ51KA4LOTF736
4 Details of the transaction(s): section to be repeated
for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) each placewhere 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 Purchase of Ordinary Shares
c) Price(s) and volume(s)
Prices per share Volumes Acquired
290.000p 3,048
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 20 March 2024
f) Place of the transaction London Stock Exchange's AIM Market
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
20 March 2024
f)
Place of the transaction
London Stock Exchange's AIM Market
1 Details of the persons discharging managerial responsibilities I person
closely associated
a) Name Timothy Carroll
2 Reason for the notification
a) Position/status Group CEO
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) Legal Entity Identifier 213800JJ51KA4LOTF736
4 Details of the transaction(s): section to be repeated
for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) each placewhere 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 Purchase of Ordinary Shares
c) Price(s) and volume(s)
Prices per share Volumes Acquired
295.260p 3,386
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 21 March 2024
f) Place of the transaction London Stock Exchange's AIM Market
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
21 March 2024
f)
Place of the transaction
London Stock Exchange's AIM Market
1 Details of the persons discharging managerial responsibilities I person
closely associated
a) Name Timothy Dingley
2 Reason for the notification
a) Position/status Managing Director of Focusrite Audio Engineering Limited
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) Legal Entity Identifier 213800JJ51KA4LOTF736
4 Details of the transaction(s): section to be repeated
for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) each placewhere 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 Purchase of Ordinary Shares
c) Price(s) and volume(s)
Prices per share Volumes Acquired
294.89p 3,725
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 21 March 2024
f) Place of the transaction London Stock Exchange's AIM Market
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
21 March 2024
f)
Place of the transaction
London Stock Exchange's AIM Market
1 Details of the persons discharging managerial responsibilities I person
closely associated
a) Name Damian Hawley
2 Reason for the notification
a) Position/status Group Chief Revenue 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) Legal Entity Identifier 213800JJ51KA4LOTF736
4 Details of the transaction(s): section to be repeated
for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) each placewhere 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 Purchase of Ordinary Shares by a person closely associated
c) Price(s) and volume(s)
Prices per share Volumes Acquired
n/a n/a
d) Aggregated information Not applicable
- Aggregated volume
- Price
e) Date of the transaction 21 March 2024
f) Place of the transaction London Stock Exchange's AIM Market
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 0.1p each in Focusrite plc
Identification code GB00BSBMW716
b) Nature of the transaction Purchase of shares by a person closely associated with a Person Discharging
Managerial Responsibilities
c) Price(s) and volume(s)
Price(s) Volumes
299.000p 6,655
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 21 March 2024
f) Place of the transaction London Stock Exchange's AIM Market
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
21 March 2024
f)
Place of the transaction
London Stock Exchange's AIM Market
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 0.1p each in Focusrite plc
Identification code
GB00BSBMW716
b)
Nature of the transaction
Purchase of shares by a person closely associated with a Person Discharging
Managerial Responsibilities
c)
Price(s) and volume(s)
Price(s) Volumes
299.000p 6,655
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
21 March 2024
f)
Place of the transaction
London Stock Exchange's AIM Market
- ends -
Enquiries:
Focusrite plc +44 (0) 1494 462246
Tim Carroll (CEO) / Sally McKone (CFO)
Investec Bank plc (Nominated Adviser and Joint Broker) +44 (0) 20 7597 5970
David Flin / Edward Knight / William Brinkley
Peel Hunt LLP (Joint Broker) +44 (0) 20 7418 8900
Paul Gillam / Adam Telling
Belvedere Communications (Financial PR) +44 20 7653 8702
John West / Llewellyn Angus / Lily Pearce
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 Focusrite Group trades under thirteen established brands:
Focusrite, Focusrite Pro, Novation, Ampify, ADAM Audio, Martin Audio, Optimal
Audio, Linea Research Sequential, Oberheim, Sonnox, OutBoard and TiMax.
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 offer 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 synthesizers 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 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. TiMax specialises in innovative immersive audio and show control
technologies. OutBoard manufactures and sells industry standard rigging
control products for live events, together with enterprise-level safety test,
preparation and quality management for global rental companies and venues.
The Company 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, London Stock Exchange.
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