Focusrite PLC Notification of PDMR Transactions (2729C)
June 09 2023 - 4:54AM
UK Regulatory
TIDMTUNE
RNS Number : 2729C
Focusrite PLC
09 June 2023
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 Discharging Managerial
Responsibilities (PDMR) completed the sale of part of their
beneficial interest in the Company.
Christian Hellinger, CEO ADAM Audio, has sold the 3,036 ordinary
shares of 0.1 pence each in the capital of the Company ("Ordinary
Shares") at 480.00 pence per Ordinary Share on 7 June 2023 and
1,000 Ordinary Shares also at 480.00 pence per Ordinary Share on
8 June 2023.
Following the transaction, Christian Hellinger will retain a
beneficial holding of 1,200 Ordinary Shares which represents 0.002%
of the current issued share capital.
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) N a me Rolf Christian Hellinger
--------------------------- -------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position / st a tus CEO, ADAM Audio
--------------------------- -------------------------------------------
b) Initial notification Initial notification
/ Amendment
--------------------------- -------------------------------------------
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 fina Ordinary Shares of 0.1p each in Focusrite
n cial instrume nt , plc
type of ins t rument
--------------------------- -------------------------------------------
Identification code GB00BSBMW716
--------------------------- -------------------------------------------
b) Nature of t h e transact Sale of 3,036 ordinary shares of 0.1p each
i o n in Focusrite plc
--------------------------- -------------------------------------------
c) Price(s) a n d vo l ume(s) Price(s) Vo l umes
GBP4.80 3,036
----------
--------------------------- -------------------------------------------
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
--------------------------- -------------------------------------------
e) Date of the transaction 7 June 2023
--------------------------- -------------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------- -------------------------------------------
1 Details of the persons discharging managerial responsibilities
I person closely associated
a) N a me Rolf Christian Hellinger
--------------------------- -------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position / st a tus CEO, ADAM Audio
--------------------------- -------------------------------------------
b) Initial notification Initial notification
/ Amendment
--------------------------- -------------------------------------------
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 fina Ordinary Shares of 0.1p each in Focusrite
n cial instrume nt , plc
type of ins t rument
--------------------------- -------------------------------------------
Identification code GB00BSBMW716
--------------------------- -------------------------------------------
b) Nature of t h e transact Sale of 1,000 ordinary shares of 0.1p each
i o n in Focusrite plc
--------------------------- -------------------------------------------
c) Price(s) a n d vo l ume(s) Price(s) Vo l umes
GBP4.80 1,000
----------
--------------------------- -------------------------------------------
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
--------------------------- -------------------------------------------
e) Date of the transaction 8 June 2023
--------------------------- -------------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------- -------------------------------------------
-ends-
Enquiries:
Focusrite plc
Tim Carroll (CEO)
Sally McKone (CFO) +44 1494 462246
Investec Bank plc (Nominated Adviser
and Joint Broker)
David Flin
Ed Knight
William Brinkley +44 20 7597 5970
Peel Hunt LLP (Joint broker)
Paul Gillam
Michael Burke
James Smith +44 20 7418 8900
Belvedere Communications
John West
Llew Angus +44 20 3008 6864
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 Group
trades under eleven established brands: Focusrite, Focusrite Pro,
Novation, Ampify, ADAM Audio, Martin Audio, Optimal Audio, Linea
Research, Sequential, Oberheim and Sonnox.
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 design and
manufacture 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 synthesisers 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 Research
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.
The Group 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 of the London Stock
Exchange.
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END
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