For immediate release
Focusrite plc
("Focusrite" or "the Group")
Focusrite announces that on 19 March 2024 Sally McKone, Chief Financial Officer and executive director, has purchased 6,900 ordinary shares of 0.1p each in Focusrite ("Ordinary Shares") on market at prices between 286.800p and 297.400p per Ordinary Share. Following this share purchase, Sally McKone will hold 34,530 Ordinary Shares in Focusrite representing 0.058% of the total number of shares in the Company.
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 | Sally McKone
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| 2 | Reason for the notification | |||||||||
| a) | Position/status | Chief Financial Officer | ||||||||
| 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) | Legal Entity Identifier | 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 | Ordinary Shares of 0.1p each in Focusrite plc | ||||||||
| Identification code | GB00BSBMW716 | |||||||||
| b) | Nature of the transaction | Purchase of Ordinary Shares | ||||||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price | Aggregated information 6900 £19,926.50 | ||||||||
| e) | Date of the transaction | 19 March 2024 | ||||||||
| f) | Place of the transaction | London Stock Exchange's AIM Market | ||||||||
- ends -
| Enquiries: | |
| Focusrite plc | +44 (0) 1494 462246 |
| Tim Carroll (CEO) / Sally McKone (CFO) |
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| Investec Bank plc (Nominated Adviser and Joint Broker) | +44 (0) 20 7597 5970 |
| David Flin / Edward Knight / William Brinkley |
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| Peel Hunt LLP (Joint Broker) | +44 (0) 20 7418 8900 |
| Paul Gillam / Adam Telling |
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| Belvedere Communications (Financial PR) | +44 20 7653 8702 |
| John West / Llewellyn Angus / Lily Pearce |
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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 Focusrite Group trades under thirteen established brands: Focusrite, Focusrite Pro, Novation, Ampify, ADAM Audio, Martin Audio, Optimal Audio, Linea Research Sequential, Oberheim, Sonnox, OutBoard and TiMax.
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 synthesizers 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 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. TiMax specialises in innovative immersive audio and show control technologies. OutBoard manufactures and sells industry standard rigging control products for live events, together with enterprise-level safety test, preparation and quality management for global rental companies and venues.
The Company 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.
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