Draft: For immediate release
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
closely associated with a Person Discharging Managerial
Responsibilities (PDMR) completed the transfer of part of their
beneficial interest in the Company on 13 February 2024.
David Bezem, a non-executive
director, has transferred 3,968 ordinary shares of 0.1 pence each
in the capital of the Company ("Ordinary Shares") for no
consideration to his spouse. Following the transaction, David
Bezem will retain a beneficial holding of 3969 Ordinary Shares
which represents 0.01% of the current issued share
capital.
|
1
|
Details of the persons discharging managerial
responsibilities I person
closely associated
|
|
a)
|
Name
|
David Bezem
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Non-Executive Director
|
|
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
|
Transfer of 3,968 ordinary shares
of 0.1p each in Focusrite plc
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volumes
|
|
£ 0.00
|
3,968
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - single transaction
|
|
e)
|
Date of the transaction
|
13 February 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
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
|
Receipt of shares of by a person closely
associated with a Person Discharging
Managerial Responsibilities
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volumes
|
|
£ 0.00
|
3,968
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - single transaction
|
|
e)
|
Date of the transaction
|
13 February 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
-ends-
|
Enquiries:
Focusrite plc
|
|
|
Tim Carroll (CEO)
|
+44 1494 462246
|
|
Sally McKone (CFO)
|
+44 1494 462246
|
|
Investec Bank plc (Nominated Adviser and Joint
Broker)
|
+44 (0) 20 7597 5970
|
|
David Flin / William Brinkley /
Edward Knight
|
|
|
Peel Hunt LLP (Joint Broker)
|
+44 (0) 20 7418 8900
|
|
David Flin / William Brinkley /
Edward Knight
|
|
|
Belvedere Communications (Financial PR)
|
+44 (0) 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.