FOCUSRITE PLC 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 22 November 2017it issued 29,305 options under the Company's Performance Share Plan to Persons Discharging Managerial Responsibility ('PDMRs')as listed below. The awards have a vesting date of 22 November 2020.
PDMR | Options granted |
Damian Hawley | 6,960 |
Tim Dingley | 6,480 |
Giles Orford | 5,194 |
Simon Holt | 4,560 |
Mike Warriner | 6,111 |
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. Tim Dingley 3. Giles Orford 4. Simon Holt 5. 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 | 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 | Option over Ordinary Shares of 0.1p each | ||||
Identification code | GB00BSBMW716 | |||||
b) | Nature of the transaction | Grant of options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Weighted average exercise price: 0.1p per share Aggregated volume: 29,305 | ||||
e) | Date of the transaction | 22 November 2017 | ||||
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 |
Focusrite plc published this content on 23 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 November 2017 10:31:07 UTC.
Original documenthttp://otp.investis.com/clients/uk/focusrite/rns/regulatory-story.aspx?cid=988&newsid=952303
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