TIDMTUNE

RNS Number : 5876J

Focusrite PLC

28 April 2022

Focusrite plc

("Focusrite" or "the Group")

FOCUSRITE AUDIO ENGINEERING LTD WINS PRESTIGIOUS AWARD

INVESTOR SITE VISIT

Focusrite plc (AIM: TUNE), the global music and audio products company supplying hardware and software used by professional and amateur musicians and the entertainment industry is delighted to announce that its subsidiary , Focusrite Audio Engineering ("FAEL"), has again been recognised for its excellence winning the prestigious Queen's Award for Enterprise for International trade, announced in Her Majesty's Platinum Jubilee year.

Now in its 56th year, the Queen's Awards for Enterprise are the most prestigious business awards in the country with winning businesses able to use the esteemed Queen's Awards Emblem for the next five years.

This is the fifth Queen's Award to be received by the company and the third time acknowledging the outstanding and sustained growth of their international sales. FAEL has previously won the Queen's Award for Innovation (2008, 2018) and the Queen's Award for Enterprise for International Trade (2012, 2016). Another Focusrite subsidiary, Martin Audio Ltd, previously won the Queen's Award for Innovation (2021) for its Wavefront Precision optimised line arrays.

Founder and Non-Executive Chairman of the Focusrite Group, Phil Dudderidge commented:

"Since 1989, Focusrite has been a notable brand in the world of music recording and it has become pre-eminent in the development of computer-based recording, the standard approach these days. Thanks go to our amazing team in the UK and overseas for developing and selling the world's leading audio Interface brand, Focusrite, and sister brand Novation."

CEO of the Focusrite Group, Tim Carroll added:

"All of us at the Focusrite are extremely proud to be the recipients of another Queen's Award. Each one we have won is near and dear to our hearts as they are the culmination of much hard work and a great team effort. As we continue to grow our global footprint as a proud British brand, being recognized again for the Queen's Award for Enterprise for International Trade is such an honour."

Investor Site Visit

Focusrite also announces that it will today hold an investor site visit for institutional investors between 14.00 and 16.30. The event will be hosted by Group CEO, Tim Carroll and CFO Sally McKone, and will include a series of presentations by senior executives and operational management to provide greater insight into the Group and its growth trajectory. There will also be a live demonstration of Group products and a Q&A session. No new material information will be delivered during the event.

-Ends-

Enquiries:

 
 Focusrite plc: 
 Tim Carroll (CEO)                +44 1494 462246 
 Sally McKone (CFO)               +44 1494 462246 
 
 Nominated Adviser and Joint 
  Broker 
 Investec Bank plc 
  David Flin 
  William Brinkley 
  Charlotte Young 
 
  Peel Hunt LLP (Joint broker) 
  Edward Knight 
  Michael Burke 
  James Smith 
 Belvedere Communications 
 John West                        +44 20 3687 2753 
 Llew Angus                       +44 20 3687 2754

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 nine established brands: Focusrite, Focusrite Pro, Novation, Ampify, ADAM Audio, Martin Audio, Optimal Audio, Sequential and Linea acquired on 10(th) March 2022.

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 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. Sequential designs and manufactures high end analogue synthesizers. Linea designs, develops, manufactures and sells market innovative professional audio equipment globally.

The Focusrite 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, London Stock Exchange

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END

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April 28, 2022 02:00 ET (06:00 GMT)

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