FOCUSRITE PLC

Director's Dealing • Nov 18, 2020

National Storage Mechanism | Additional information

RNS Number : 7674F

Focusrite PLC

18 November 2020

Focusrite plc

("the Company" or "the Group")

Focusrite plc FY20 Discretionary Director Bonus (FY20 Bonus)

Director Share Dealings

Focusrite plc (AIM:TUNE), the global music and audio products company that trades under the Focusrite and Novation brands, announces that on 17 November 2020 it awarded ordinary shares of 0.1p each in the capital of the Company ("Shares") to Tim Carroll, CEO of the Company (a Person Discharging Managerial Responsibilities ("PDMR")), as listed below.

Director	No. of Shares awarded
Tim Carroll	6,482

The Shares were awarded to the PDMR as part of the Company's annual bonus arrangements for the 2020 financial year. The PDMR elected to convert a portion of his annual bonus into Shares, and in return received an award of further Shares on a 1:1 basis.

The PDMR may not ordinarily sell, transfer, assign or dispose of the Shares for a period of two years.

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

Tim Carroll

2

Reason for the notification

a)

Position/status

Chief Executive Office

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

Acquisition of shares pursuant to Focusrite plc's annual bonus arrangements for the 2020 financial year

c)

Price(s) and volume(s)

Prices per share	Volumes Acquired
Nil	6,482

d)

Aggregated information

- Aggregated volume 

- Price 

Not applicable - single transaction

e)

Date of the transaction

17 November 2020

f)

Place of the transaction

Outside a trading venue

-ends-

Enquiries:

Focusrite plc:
Tim Carroll (CEO)	+44 1494 462246
Jeremy Wilson (CFO)	+44 1494 462246
Panmure Gordon (Nominated Adviser and Broker)
Freddy Crossley	+44 207 886 2500
Erik Anderson
Belvedere Communications	+44 20 3687 2754
John West
Llew Angus

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