TIDMTUNE

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)   N a me                       Rolf Christian Hellinger 
     ---------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / st a tus          CEO, ADAM Audio 
     ---------------------------  ------------------------------------------- 
 b)   Initial notification         Initial notification 
       / Amendment 
     ---------------------------  ------------------------------------------- 
 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 fina     Ordinary Shares of 0.1p each in Focusrite 
        n cial instrume nt ,        plc 
        type of ins t rument 
     ---------------------------  ------------------------------------------- 
     Identification code           GB00BSBMW716 
     ---------------------------  ------------------------------------------- 
 b)   Nature of t h e transact     Sale of 3,036 ordinary shares of 0.1p each 
       i o n                        in Focusrite plc 
     ---------------------------  ------------------------------------------- 
 c)   Price(s) a n d vo l ume(s)     Price(s)      Vo l umes 
                                         GBP4.80    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 
     ---------------------------  ------------------------------------------- 
 
 
  1    Details of the persons discharging managerial responsibilities 
        I person closely associated 
 a)   N a me                       Rolf Christian Hellinger 
     ---------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / st a tus          CEO, ADAM Audio 
     ---------------------------  ------------------------------------------- 
 b)   Initial notification         Initial notification 
       / Amendment 
     ---------------------------  ------------------------------------------- 
 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 fina     Ordinary Shares of 0.1p each in Focusrite 
        n cial instrume nt ,        plc 
        type of ins t rument 
     ---------------------------  ------------------------------------------- 
     Identification code           GB00BSBMW716 
     ---------------------------  ------------------------------------------- 
 b)   Nature of t h e transact     Sale of 1,000 ordinary shares of 0.1p each 
       i o n                        in Focusrite plc 
     ---------------------------  ------------------------------------------- 
 c)   Price(s) a n d vo l ume(s)     Price(s)      Vo l umes 
                                         GBP4.80    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 
     ---------------------------  ------------------------------------------- 
 

-ends-

Enquiries:

 
 Focusrite plc 
  Tim Carroll (CEO) 
  Sally McKone (CFO)                     +44 1494 462246 
 
 Investec Bank plc (Nominated Adviser 
  and Joint Broker) 
  David Flin 
  Ed Knight 
  William Brinkley                       +44 20 7597 5970 
 
  Peel Hunt LLP (Joint broker) 
  Paul Gillam 
  Michael Burke 
  James Smith                             +44 20 7418 8900 
 Belvedere Communications 
  John West 
  Llew Angus                              +44 20 3008 6864 
 

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.

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END

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June 09, 2023 05:54 ET (09:54 GMT)

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