FOCUSRITE PLC

Remuneration Information • Dec 5, 2024

National Storage Mechanism | Additional information

RNS Number : 0316P

Focusrite PLC

05 December 2024

Focusrite plc

("the Company" or "the Group")

Focusrite plc FY24 Discretionary Directors Bonus (FY24 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 4 December 2024 it awarded ordinary shares of 0.1p each in the capital of the Company ("Shares") to Tim Carroll, Group CEO of the Company and Sally McKone, Group CFO of the Company (each Persons Discharging Managerial Responsibilities ("PDMRs")), as listed below.

The Shares were awarded to the PDMRs as part of the Company's annual bonus arrangements for the 2024 financial year. Each PDMR elected to convert a portion of their annual bonus into Shares, and in return received an award of further Shares on a 1:1 basis.

Neither PDMR may ordinarily sell, transfer, assign or dispose of the Shares for a period of two years.

The award of the shares was settled in part by the transfer of ordinary shares and in part with a cash payment equal to the market value of the ordinary shares to meet the awardee's liability to income tax and employee national insurance arising on award of the bonus shares.

Awardee	Number of Shares Awarded	Number of Shares Transferred to Awardee	Number of Shares Representing Awardee's Tax and NI Liability
Tim Carroll	4,000	2,120	1,880
Sally McKone	27,167	14,398	12,769

Following the award:

Mr. Carroll's beneficial holding is 102,952 Ordinary Shares in the Company representing 0.17% of the total number of shares in the Company; and

Ms McKone's beneficial holding is 48,928 Ordinary Shares in the Company representing 0.08% 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

Tim Carroll

2

Reason for the notification

a)

Position / st a tus

Group Chief Executive 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 fina n cial instrume nt ,  type  of ins t rument

Ordinary Shares of 0.1p each in Focusrite plc

Identification code

GB00BSBMW716

b)

Nature of  t h e transact i o n

Acquisition of shares pursuant to Focusrite plc's annual bonus arrangements for the 2024 financial year

c)

Price(s)  a n d  vo l ume(s)

Prices per share	Vo l umes Acquired
Nil	2,120

d)

Aggregated information

- Aggregated volume 

- Price 

Not applicable - single transaction

e)

Date of the transaction

4 December 2024

f)

Place of the transaction

Outside a trading venue

1

Details of the persons discharging managerial responsibilities  I  person closely  associated

a)

N a me

Sally McKone

2

Reason for the notification

a)

Position / st a tus

Group 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 fina n cial instrume nt ,  type  of ins t rument

Ordinary Shares of 0.1p each in Focusrite plc

Identification code

GB00BSBMW716

b)

Nature of  t h e transact i o n

Acquisition of shares pursuant to Focusrite plc's annual bonus arrangements for the 2021 financial year

c)

Price(s)  a n d  vo l ume(s)

Prices per share	Vo l umes Acquired
Nil	14,398

d)

Aggregated information

- Aggregated volume 

- Price 

Not applicable - single transaction

e)

Date of the transaction

4 December 2024

f)

Place of the transaction

Outside a trading venue

-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 / Nick Prowting
Peel Hunt LLP (Joint Broker)	+44 (0) 20 7418 8900
Ben Cryer / Adam Telling
Rosewood (Financial PR)	+44 (0) 20 7653 8702
John West / Llewellyn Angus / Lily Pearce

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBUBDDRXGDGSU