Gear4music (Holdings) PLC Director/PDMR Shareholding (8180G)

TIDMG4M

RNS Number : 8180G

Gear4music (Holdings) PLC

17 November 2022

Gear4music (Holdings) plc

PDMR Dealings

The Group has been notified that on 17 November 2022 Andrew Wass, Chief Executive Officer, purchased 25,000 ordinary shares of 10p each in the capital of the Company ("Ordinary Shares") at a price of 102 pence per share. Mr Wass' resulting shareholding in the Company is 4,776,993 Ordinary Shares, representing 22.8% of the total issued share capital.

Details of the transaction can be found in the Notification of Dealing Form below.

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                    Andrew Wass 
      --------------------------------------  ---------------------------------------- 
       Reason for the notification 
  2 
      -------------------------------------------------------------------------------- 
 a)    Position/status                         Chief Executive Officer 
      --------------------------------------  ---------------------------------------- 
 b)    Initial notification                    Initial Notification 
        /Amendment 
      --------------------------------------  ---------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------- 
 a)    Name                                    Gear4music (Holdings) plc 
      --------------------------------------  ---------------------------------------- 
 b)    LEI                                     2138005H4W74HDGSFC49 
      --------------------------------------  ---------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                      Ordinary shares of GBP0.10 each 
        financial instrument, 
        type of instrument 
 
       Identification code                     GB00BW9PJQ87 
 
 b)    Nature of the transaction               Purchase of shares 
      --------------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s) 
                                               ------------------  ----------------- 
                                                Price(s)            Volume(s) 
                                               ------------------  ----------------- 
    102 pence                                                       25,000 
   --------------------------------------------------------------  ----------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                     n/a 
 
  - Price                                 n/a 
 
 e)    Date of the transaction                 17 November 2022 
      --------------------------------------  ---------------------------------------- 
 f)    Place of the transaction                London Stock Exchange, AIM Market 
                                                (XLON) 
      --------------------------------------  ----------------------------------------

ENDS

Enquiries:

 
 Gear4music 
  Andrew Wass, Chief Executive Officer 
  Chris Scott, Chief Financial Officer          +44 (0)20 3405 0205 
 
 Singer Capital Markets - Nominated Adviser 
  and Joint Broker 
  Peter Steel/Amanda Gray, Corporate Finance 
  Tom Salvesen, Corporate Broking               +44 (0)20 7496 3000 
 
 Investec Bank plc - Joint Broker 
  David Flin 
  Alex Wright 
  Alice King                                    +44 (0)20 7597 5970 
 
 Alma PR - Financial PR                         +44 (0)20 3405 0205 
  David Ison                                     Gear4music@almapr.co.uk 
  Lily Soares Smith 
  Joe Pederzolli 
  Josh Royston

About Gear4music (Holdings) plc

Operating from a Head Office in York, Distribution Centres in York, Sweden, Germany, Ireland & Spain, and showrooms in York, Sweden & Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and the Rest of the World.

Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.

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END

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November 17, 2022 10:58 ET (15:58 GMT)

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