FOCUSRITE PLC

Director's Dealing • Mar 22, 2024

National Storage Mechanism | Additional information

RNS Number : 0255I

Focusrite PLC

22 March 2024

For immediate release

Focusrite plc

( " Focusrite " or " the Group")

Focusrite announces that:

On 21 March 2024 Timothy Carroll, Group CEO of the Company and a Person Discharging Managerial Responsibilities, has purchased 3,386 Ordinary Shares on market at a price of 295.260p per Ordinary Share. Following this share purchase, Timothy Carroll will hold 100,832 Ordinary Shares in Focusrite representing 0.170% of the total number of shares in the Company;

On 20 March 2024 Dominic Harter, Managing Director of Optimal Audio Group Limited and a Person Discharging Managerial Responsibilities, has purchased 3,048 ordinary shares of  0.1p each in Focusrite ("Ordinary Shares") on market at a price of 290.000p per Ordinary Share. Following this share purchase, Dominic Harter will hold 3,048 Ordinary Shares in Focusrite representing 0.005% of the total number of shares in the Company;

On 21 March 2024 Timothy Dingley, Managing Director of Focusrite Audio Engineering Limited and a Person Discharging Managerial Responsibilities, has purchased 3,725 Ordinary Shares on market at a price of 294.89p per Ordinary Share. Following this share purchase, Timothy Dingley will have a beneficial interest in 250,197 Ordinary Shares in Focusrite representing 0.422% of the total number of shares in the Company; and

On 21 March 2024 Lisa Hawley, a person closely associated with Damian Hawley, Chief Revenue Officer and a Person Discharging Managerial Responsibilities, has purchased 6,655 Ordinary Shares on market at a price of 299.000p per Ordinary Share. Following this share purchase, Damian Hawley will have a beneficial interest in 162,290 Ordinary Shares in Focusrite representing 0.274% 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)

N a me

Dominic Harter

2

Reason   for   the   notification

a)

Position / s t a tus

Managing Director of Optimal Audio Group Limited

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 fin a n cial instrum e n t ,   type  of in s t rument

Ordinary Shares of 0.1p each in Focusrite plc

Identification   code

GB00BSBMW716

b)

Nature   of   t h e   transac t i o n

Purchase of Ordinary S hares

c)

Price(s)   a n d   v o l ume(s)

Prices per share	V o l umes Acquired
290.000p	3,048

d)

Aggregated information

- Aggregated volume 

- Price 

Not applicable - single transaction

e)

Date of the transaction

20 March 2024

f)

Place of the transaction

London Stock Exchange's AIM Market

1

Details of the persons discharging managerial responsibilities  I  person closely  associated

a)

N a me

Timothy Carroll

2

Reason   for   the   notification

a)

Position / s t a tus

Group CEO

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 fin a n cial instrum e n t ,   type  of in s t rument

Ordinary Shares of 0.1p each in Focusrite plc

Identification   code

GB00BSBMW716

b)

Nature   of   t h e   transac t i o n

Purchase of Ordinary S hares

c)

Price(s)   a n d   v o l ume(s)

Prices per share	V o l umes Acquired
295 . 260 p	3 , 386

d)

Aggregated information

- Aggregated volume 

- Price 

Not applicable - single transaction

e)

Date of the transaction

21 March 2024

f)

Place of the transaction

London Stock Exchange's AIM Market

1

Details of the persons discharging managerial responsibilities  I  person closely  associated

a)

N a me

Timothy Dingley

2

Reason   for   the   notification

a)

Position / s t a tus

Managing Director of Focusrite Audio Engineering Limited

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 fin a n cial instrum e n t ,   type  of in s t rument

Ordinary Shares of 0.1p each in Focusrite plc

Identification   code

GB00BSBMW716

b)

Nature   of   t h e   transac t i o n

Purchase of Ordinary Shares

c)

Price(s)   a n d   v o l ume(s)

Prices per share	V o l umes Acquired
294.89p	3,725

d)

Aggregated information

- Aggregated volume 

- Price 

Not applicable - single transaction

e)

Date of the transaction

21 March 2024

f)

Place of the transaction

London Stock Exchange's AIM Market

1

Details of the persons discharging managerial responsibilities  I  person closely  associated

a)

N a me

Damian Hawley

2

Reason   for   the   notification

a)

Position / s t a tus

Group Chief Revenue 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 fin a n cial instrum e n t ,   type  of in s t rument

Ordinary Shares of 0.1p each in Focusrite plc

Identification   code

GB00BSBMW716

b)

Nature   of   t h e   transac t i o n

Purchase of Ordinary Shares by a person closely associated

c)

Price(s)   a n d   v o l ume(s)

Prices per share	V o l umes Acquired
n/a	n/a

d)

Aggregated information

- Aggregated volume 

- Price 

Not applicable

e)

Date of the transaction

21 March 2024

f)

Place of the transaction

London Stock Exchange's AIM Market

4B

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

a)

Description of the fin a n cial instrum e n t ,   type  of in s t rument

Ordinary Shares of 0.1p each in Focusrite plc

Identification   code

GB00BSBMW716

b)

Nature   of   t h e   transac t i o n

Purchase of shares by a person closely associated with a Person Discharging Managerial Responsibilities

c)

Price(s)   a n d   v o l ume(s)

Price(s)	V o l umes
299.000p	6,655

d)

Aggregated information

- Aggregated volume 

- Price

Not applicable - single transaction

e)

Date of the transaction

21 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)
Investec Bank plc (Nominated Adviser and Joint Broker)	+44 (0) 20 7597 5970
David Flin / Edward Knight / William Brinkley
Peel Hunt LLP (Joint Broker)	+44 (0) 20 7418 8900
Paul Gillam / Adam Telling
Belvedere Communications (Financial PR)	+44 20 7653 8702
John West / Llewellyn Angus / Lily Pearce

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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