Last checked at 14 Dec 2018 10:14
Focusrite plc
("the Company")
Directors' Dealings
Focusrite plc (AIM:TUNE), the global music and audio products company, was notified today that Jeremy Wilson, CFO of the Company (the "PDMR"), acquired 80,345 Ordinary Shares of 0.1 pence each in the Company via the exercise of Enterprise Management Incentive options (the "Option") at a price of 14.6 pence per Ordinary Share.
The Option was granted on 18 September 2014 and vested on 20 November 2018.
Immediately following exercise, the PDMR immediately transferred the full number of shares they acquired in connection with exercise to their spouse (being a person closely associated with the relevant PDMR) for nil consideration.
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 person discharging managerial responsibilities / person closely associated | ||||||
a)
| Names | Jeremy Wilson | |||||
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)
| 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 0.1pence each in Focusrite plc | |||||
b) | Identification code
| GB00BSBMW716 | |||||
c)
| Nature of the transaction
| Acquisition of shares on exercise of an Enterprise Management Incentive option | |||||
d)
| Price(s) and volume(s) |
| |||||
d)
| Aggregated information - Aggregated volume - Price | n/a
| |||||
e)
| Date of the transaction | 11 December 2018 | |||||
f)
| Place of the transaction | Outside a trading venue | |||||
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 0.1pence each in Focusrite plc | |||||
Identification code | GB00BSBMW716 | ||||||
b) | Nature of the transaction | Transfer of shares to Elizabeth Wilson (spouse) for nil consideration | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | |||||
e) | Date of the transaction | 11 December 2018 | |||||
f) | Place of the transaction | Outside a trading venue | |||||
-ends-
Enquiries:
Focusrite plc: |
|
Tim Carroll (CEO) | +44 1494 462246 |
Jeremy Wilson (CFO) | +44 1494 462246 |
|
|
Panmure Gordon (Nominated Adviser and Broker) |
|
Freddy Crossley | +44 20 7886 2500 |
Erik Anderson
| +44 20 7886 2500 |
Belvedere Communications |
|
John West | +44 20 3687 2753 |
Kim van Beeck | +44 20 3687 2757 |