For immediate release
Focusrite
plc
("Focusrite" or "the Group")
Focusrite announces that on 19 March
2024 Sally McKone, Chief Financial Officer and executive director,
has purchased 6,900 ordinary shares of 0.1p each in Focusrite
("Ordinary
Shares") on market at prices between 286.800p and 297.400p
per Ordinary Share. Following this share purchase, Sally McKone
will hold 34,530 Ordinary Shares in Focusrite representing 0.058%
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
|
Sally
McKone
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief
Financial 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
|
c)
|
Price(s) and volume(s)
|
Prices per share
|
Volumes
Acquired
|
297.400p
|
200
|
286.800p
|
2900
|
289.000p
|
3800
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Aggregated information
6900
£19,926.50
|
e)
|
Date of the transaction
|
19 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.