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

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)

 

Exercise Prices per share

Volumes

1.  0.1p

2.  0.1p

3.  0.1p

4.  0.1p

5.  0.1p

6.  0.1p

7.  0.1p

1.  11,533

2.  10,647

3.  10,229

4.  8,867

5.  7,104

6.  12,063

7.  10,429

d)

Aggregated information

- Aggregated volume 

- Price 

Weighted average exercise price: 0.1p per share

Aggregated volume: 70,872

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
 
 
DSHTIMATMBITBPR