Last checked at 17 Nov 2022 15:58
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.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Andrew Wass | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Executive Officer | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Gear4music (Holdings) plc | |||
b)
| LEI
| 2138005H4W74HDGSFC49 | |||
4
| 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 £0.10 each | |||
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
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Investec Bank plc - Joint Broker David Flin Alex Wright Alice King | +44 (0)20 7597 5970
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Alma PR - Financial PR David Ison Lily Soares Smith Joe Pederzolli Josh Royston | +44 (0)20 3405 0205 Gear4music@almapr.co.uk
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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.