Focusrite PLC PDMR Grant of Share Options (8400X)
February 24 2017 - 9:56AM
UK Regulatory
TIDMTUNE
RNS Number : 8400X
Focusrite PLC
24 February 2017
Focusrite Plc
("the Company" or "the Group")
PDMR Grant of Share Options
Focusrite Plc (AIM:TUNE), the global music and audio products
company that trades under the Focusrite and Novation brands,
announces that on 24 November 2016 it issued 70,872 options under
the Company's Performance Share Plan to Persons Discharging
Managerial Responsibility ("PDMRs") as listed below. The awards
have a vesting date of 24 November 2019.
PDMR Options
granted
Damian Hawley 11,533
Rob Jenkins 10,647
Tim Dingley 10,229
Giles Orford 8,867
Simon Holt 7,104
Phil Wagner 12,063
Mike Warriner 10,429
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 1. Damian Hawley
2. Rob Jenkins
3. Tim Dingley
4. Giles Orford
5. Simon Holt
6. Phil Wagner
7. Mike Warriner
--- --------------------------------- ------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------
a) Position/status classified as PDMRs of the Company
--- --------------------------------- ------------------------------------------------
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 None
--- --------------------------------- ------------------------------------------------
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 Option over Ordinary Shares of 0.1p each
instrument, type of instrument
--- --------------------------------- ------------------------------------------------
Identification code GB00BSBMW716
--- --------------------------------- ------------------------------------------------
b) Nature of the transaction Grant of options
--- --------------------------------- ------------------------------------------------
c) Price(s) and volume(s) Exercise Volumes
Prices per
share
-------------- ----------------
1. 0.1p 1. 11,533
2. 0.1p 2. 10,647
3. 0.1p 3. 10,229
4. 0.1p 4. 8,867
5. 0.1p 5. 7,104
6. 0.1p 6. 12,063
7. 0.1p 7. 10,429
-------------- ----------------
--- --------------------------------- ------------------------------------------------
d) Aggregated information Weighted average exercise price: 0.1p per share
- Aggregated volume Aggregated volume: 70,872
- Price
--- --------------------------------- ------------------------------------------------
e) Date of the transaction 24 November 2016
--- --------------------------------- ------------------------------------------------
f) Place of the transaction Outside a trading venue
--- --------------------------------- ------------------------------------------------
-ends-
Enquiries:
Focusrite Plc:
Phil Dudderidge (Executive
Chairman) +44 1494 462246
Jeremy Wilson (CFO) +44 1494 462246
Panmure Gordon
Freddy Crossley +44 20 7886 2968
Tom Salvesen +44 20 7886 2904
Belvedere Communications
John West +44 20 3567 0510
Kim Van Beeck +44 20 3567 0510
This information is provided by RNS
The company news service from the London Stock Exchange
END
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