Gear4music : Director / PDMR dealings / Additional Listing

RNS Number : 2284Q Gear4music (Holdings) PLC

04 June 2018

For immediate release

4 June 2018

Gear4music (Holdings) plc

Director / PDMR dealings / Additional Listing

Gear4music (Holdings) plc ("Gear4music" or the "Company"), the largest UK based retailer of musical instruments and music equipment, announces that, following option exercises under the Company's EMI Schemes on or before 3 June 2018, 78,207 new ordinary shares of 10p each ('Ordinary Shares') will be issued and allotted.

Director/PDMR dealings

Gareth Bevan (Chief Commercial Officer) and Chris Scott (Chief Financial Officer) will, following the exercise of options as part of the above arrangements, each be issued and allotted 9,978 Ordinary Shares, with their resultant respective interests in the Company's enlarged issued share capital as below:

Under the Company's Director Cash Plan, Andrew Wass (Chief Executive Officer) has exercised his entitlement to an award of £72,041, to be settled in cash.

Admission to trading

Application will be made for admission to trading of 78,207 new Ordinary Shares on the AIM Market of London Stock Exchange plc ("Admission"). It is expected that Admission will take place at 8:00 a.m. on or around 8 June 2018 and that dealings in the new Ordinary Shares on AIM will commence at the same time.

The new Ordinary Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares in the capital of the Company, including the right to receive all dividends or other distributions made, paid or declared in respect of such shares after the date of issue of the new Ordinary Shares.

Total voting rights

Gear4music's enlarged issued ordinary share capital immediately following Admission will be 20,945,328 Ordinary Shares with voting rights attached. The Company has no shares in Treasury; therefore the total number of voting rights in Gear4music is 20,945,328. This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify an interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

Gear4music

+44 20 3865 9668

Andrew Wass, Chief Executive Officer Chris Scott, Chief Financial Officer

Panmure Gordon

+44 20 7886 2500

(Joint Financial Adviser, Joint Broker, and Nominated Adviser)

Andrew Godber / Peter Steel - Investment Banking Erik Anderson - Corporate Broking

Peel Hunt

+44 20 7418 8900

(Joint Financial Adviser and Joint Broker)

Adrian Trimmings

George Sellar

Alma PR

+44 20 3865 9668

Gear4Music@almapr.co.uk

(Financial PR)

Josh Royston/Rebecca Sanders-Hewett/Helena Bogle

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.

1 Details of the person discharging managerial responsibilities / person closely associated

2 Reason for the notification

• a) Name

• b) LEI

4 Details of the transaction(s): section to be repeated for (i) each type of instrument;

Price - exercise price of 10 pence per Ordinary Share

Volume(s)

Chris Scott - exercise of options over 9,978 Ordinary Shares

Gareth Bevan - exercise of options over 9,978 Ordinary Shares

Name of authorised official of issuer responsible for making notification: Chris Scott

Company Secretary to Gear4music (Holdings) plc

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