Focusrite plc
("the Company" or "the Group")
Directors' Dealings
Grant of Share Options to PDMRs
Focusrite plc (AIM:TUNE), the global music and audio products company, announces that on 30 June 2026 it granted nominal cost option awards over ordinary shares of 0.1p each in the capital of the Company under the Company's Performance Share Plan to certain 'persons discharging managerial responsibilities' of the Company ("PDMRs") as listed below.
PDMR No. of shares under 'performance share award' No. of shares under 'restricted share award' | Tim Carroll 103,200 51,600 | Sally McKone 73,441 36,720 | Damian Hawley 25,223 12,611 | Tim Dingley 27,745 13,872 | Christian Hellinger 22,539 11,269 | David Gibbons 26,958 13,479 | Simon Holt 21,842 10,921 | Dom Harter 49,093 - |
The performance share awards will ordinarily vest on the date falling 3 years from the date of grant, subject to the Remuneration Committee's determination of the extent to which the performance condition applicable to the performance share awards has been satisfied and to the individual's ongoing employment with the Company's group.
The performance condition for the performance share awards is based on the Company's adjusted earnings per share growth over the period from 1 March 2026 to 28 February 2029.
The restricted share awards will ordinarily vest on the date falling 3 years from the date of grant, subject to the individual's ongoing employment with the Company's group and the Remuneration Committee's assessment of such awards' discretionary performance underpin.
Fuller details of the performance condition and underpin condition shall be set out in the Company's Directors' Remuneration Report for the financial period ending 28 February 2027.
Once vested, options shall remain exercisable until the tenth anniversary of the grant date (or in the case of US taxed grantees, until 10 March following the year of vesting).
The information set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
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 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) LEI 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 1. Grant of a nominal cost option 'performance share award' under the Focusrite plc Performance Share Plan. 2. Grant of a nominal cost option 'restricted share award' under the Focusrite plc Performance Share Plan | c) Price(s) and volume(s)
| d) Aggregated information - Aggregated volume - Price 154,800 £0.001 | e) Date of the transaction 29 June 2026 | f) Place of the transaction Outside a trading venue |
1 Details of the persons discharging managerial responsibilities I person closely associated | a) Name Sally McKone | 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) LEI 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 1. Grant of a nominal cost option 'performance share award' under the Focusrite plc Performance Share Plan. 2. Grant of a nominal cost option 'restricted share award' under the Focusrite plc Performance Share Plan | c) Price(s) and volume(s)
| d) Aggregated information - Aggregated volume - Price 110,161 £0.001 | e) Date of the transaction 29 June 2026 | f) Place of the transaction Outside a trading venue |
1 Details of the persons discharging managerial responsibilities I person closely associated | a) Name Damian Hawley | 2 Reason for the notification | a) Position/status 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) LEI 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 1. Grant of a nominal cost option 'performance share award' under the Focusrite plc Performance Share Plan. 2. Grant of a nominal cost option 'restricted share award' under the Focusrite plc Performance Share Plan | c) Price(s) and volume(s)
| d) Aggregated information - Aggregated volume - Price 37,834 £0.001 | e) Date of the transaction 29 June 2026 | f) Place of the transaction Outside a trading venue |
1 Details of the persons discharging managerial responsibilities I person closely associated | a) Name Tim Dingley | 2 Reason for the notification | a) Position/status Managing Director, Focusrite Novation | 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) LEI 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 1. Grant of a nominal cost option 'performance share award' under the Focusrite plc Performance Share Plan. 2. Grant of a nominal cost option 'restricted share award' under the Focusrite plc Performance Share Plan | c) Price(s) and volume(s)
| d) Aggregated information - Aggregated volume - Price 41,617 £0.001 | e) Date of the transaction 29 June 2026 | f) Place of the transaction Outside a trading venue |
1 Details of the persons discharging managerial responsibilities I person closely associated | a) Name Christian Hellinger | 2 Reason for the notification | a) Position/status CEO, ADAM Audio | 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) LEI 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 1. Grant of a nominal cost option 'performance share award' under the Focusrite plc Performance Share Plan. 2. Grant of a nominal cost option 'restricted share award' under the Focusrite plc Performance Share Plan | c) Price(s) and volume(s)
| d) Aggregated information - Aggregated volume - Price 33,808 £0.001 | e) Date of the transaction 29 June 2026 | f) Place of the transaction Outside a trading venue |
1 Details of the persons discharging managerial responsibilities I person closely associated | a) Name David Gibbons | 2 Reason for the notification | a) Position/status CEO, Sequential | 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) LEI 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 1. Grant of a nominal cost option 'performance share award' under the Focusrite plc Performance Share Plan. 2. Grant of a nominal cost option 'restricted share award' under the Focusrite plc Performance Share Plan | c) Price(s) and volume(s)
| d) Aggregated information - Aggregated volume - Price 40,437 £0.001 | e) Date of the transaction 29 June 2026 | f) Place of the transaction Outside a trading venue |
1 Details of the persons discharging managerial responsibilities I person closely associated | a) Name Simon Holt | 2 Reason for the notification | a) Position/status Head of Engineering | 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) LEI 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 1. Grant of a nominal cost option 'performance share award' under the Focusrite plc Performance Share Plan. 2. Grant of a nominal cost option 'restricted share award' under the Focusrite plc Performance Share Plan | c) Price(s) and volume(s)
| d) Aggregated information - Aggregated volume - Price 32,763 £0.001 | e) Date of the transaction 29 June 2026 | f) Place of the transaction Outside a trading venue |
1 Details of the persons discharging managerial responsibilities I person closely associated | a) Name Dom Harter | 2 Reason for the notification | a) Position/status Managing Director, Martin Audio | 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) LEI 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 Grant of a nominal cost option 'performance share award' under the Focusrite plc Performance Share Plan. | c) Price(s) and volume(s)
| d) Aggregated information - Aggregated volume - Price 49,093 £0.001 | e) Date of the transaction 29 June 2026 | 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 / James Smith
Rosewood (Financial PR)
+44 (0) 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 eleven established brands: Focusrite, Novation, 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.
The Group operates through two divisions: Content Creation and Audio Reproduction.
Within its Content Creation business, Focusrite offers audio interfaces and other products for recording musicians, producers and professional audio facilities. Novation 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. Sonnox is a leading designer of innovative, high-quality, award-winning audio processing software plug-ins for professional audio engineers. Sequential designs and manufactures high end analogue synthesizers under the Sequential and Oberheim brands.
The Audio Reproduction division provides high-quality, professional-grade solutions for both live sound and permanent installations. Martin Audio designs and manufactures performance-ready systems across the spectrum of sound reinforcement applications. 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. Linea designs, develops, manufactures and sells innovative professional audio equipment globally.
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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