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Focusrite plc announced that Michael Butterworth, a non-executive director, purchased 3,873 ordinary shares of 0.1p each on 28 April 2022. The shares were acquired at a price of 1016p per share. Following this transaction, Mr. Butterworth holds 3,873 ordinary shares, which represents 0.006% of Focusrite's issued share capital.
| Date | 29 Apr 2022 |
| Time | 09:37:10 |
| Category | Director/PDMR dealings |
| ID | 8644J |
Focusrite plc ("Focusrite" or "the Group")
Director's Dealings/Market Share Purchase
Focusrite plc, the global music and audio products company supplying hardware and software used by professional and amateur musicians and the entertainment industry, announces that Michael Butterworth, a non-executive director, purchased 3,873 ordinary shares of 0.1p each on 28 April 2022 at a price of 1016p per share. Following the purchase, Mr. Butterworth holds 3,873 ordinary shares representing 0.006% of the Focusrite's 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.
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1 |
Details of the persons discharging managerial responsibilities I person closely associated |
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a) |
Name |
Michael Butterworth |
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2 |
Reason for the notification |
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a) |
Position/status |
Non-Executive Director |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Focusrite plc |
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b) |
LEI |
213800JJ51KA4LOTF736 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary Shares of 0.1p each in Focusrite plc |
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Identification code |
GB00BSBMW716 |
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b) |
Nature of the transaction |
Purchase of ordinary shares of 0.1p each in Focusrite plc |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
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e) |
Date of the transaction |
28 April 2022 |
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f) |
Place of the transaction |
London Stock Exchange, AIM |
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Enquiries:
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Focusrite plc: |
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Tim Carroll (CEO) |
+44 1494 462246 |
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Sally McKone (CFO) |
+44 1494 462246 |
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Nominated Adviser and Joint Broker |
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Investec Bank plc David Flin William Brinkley Charlotte Young
Peel Hunt LLP (Joint broker) Edward Knight Michael Burke James Smith |
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Belvedere Communications |
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John West |
+44 20 3687 2753 |
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Llew Angus |
+44 20 3687 2754 |
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 nine established brands: Focusrite, Focusrite Pro, Novation, Ampify, ADAM Audio, Martin Audio, Optimal Audio, Sequential and Linea.
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 offer 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. Sequential designs and manufactures high end analogue synthesizers. Linea designs, develops, manufactures and sells market innovative professional audio equipment globally.
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, London Stock Exchange.