Focusrite plc

("the Company" or "the Group")

 PDMR Dealings

Focusrite plc (AIM:TUNE), the global music and audio products company that trades under the Focusrite and Novation brands, announces that on 26 April 2023:

1.    Sally McKone, the Company's Chief Financial Officer and a Person Discharging Managerial Responsibilities ("PDMR") was issued with the third and final tranche of 6,132 management share awards. As set out in the Company's announcement of 18 May 2021, such awards were made as compensation for certain incentive arrangements which she forfeited or was otherwise not awarded on leaving her former employer to join the Group. The shares, to be issued from the Company's Employee Benefit Trust were determined by the Company's Remuneration Committee and approved by the Board.

The Company will cash settle the resulting tax and National Insurance elements. Accordingly, Ms McKone will be awarded a net holding of 3,249 shares. Following the award, Ms McKone will have a beneficial holding of 12,008 shares, being 0.02% of the issued ordinary share capital of the Company.

2.    Simon Holt, a PDMR, (i) made a market purchase of 2,042 ordinary shares at a price of £4.89 per share and (ii) exercised nominal cost options over 9,394 shares granted to him under the Company's Performance Share Plan and acquired ordinary shares of 0.1p each in the Company.

The option was granted on 23 December 2019 and became vested and exercisable as from 24 December 2022. The exercise of the option was settled in part by the transfer of 4,978 ordinary shares and in part with a cash payment equal to market value of 4,416 ordinary shares to meet the PDMR's liability to income tax and employee national insurance arising on the exercise of the option.

Following the transaction Mr. Holt will have a beneficial holding of 151,076 Ordinary Shares which represents 0.25% 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.

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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.