Director/PDMR Shareholding
Focusrite plc announced on 1 July 2026 that on 30 June 2026, certain persons discharging managerial responsibilities (PDMRs) were granted nominal cost option awards under the Company's Performance Share Plan. These awards include performance share awards and restricted share awards, with vesting typically occurring three years from the grant date, subject to performance conditions and continued employment. The performance condition for the performance share awards is based on the Company's adjusted earnings per share growth between March 2026 and February 2029.
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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).
| 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 / s t a tus | Chief Executive Officer | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | Focusrite plc | ||||
| b) | LEI | 213800JJ51KA4LOTF736 | ||||
| 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 | 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) a n d v o l ume(s) | Price(s) Volumes 1. £0.001 2. £0.001 1. 103,200 2. 51,600 | ||||
| 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) | N a me | Sally McKone | ||||
| 2 | Reason for the notification | |||||
| a) | Position / s t a tus | Chief Financial Officer | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | Focusrite plc | ||||
| b) | LEI | 213800JJ51KA4LOTF736 | ||||
| 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 | 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) a n d v o l ume(s) | Price(s) Volumes 1. £0.001 2. £0.001 1. 73,441 2. 36,720 | ||||
| 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) | N a me | Damian Hawley | ||||
| 2 | Reason for the notification | |||||
| a) | Position / s t a tus | Chief Revenue Officer | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | Focusrite plc | ||||
| b) | LEI | 213800JJ51KA4LOTF736 | ||||
| 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 | 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) a n d v o l ume(s) | Price(s) Volumes 1. £0.001 2. £0.001 1. 25,223 2. 12,611 | ||||
| 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) | N a me | Tim Dingley | ||||
| 2 | Reason for the notification | |||||
| a) | Position / s t a tus | Managing Director, Focusrite Novation | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | Focusrite plc | ||||
| b) | LEI | 213800JJ51KA4LOTF736 | ||||
| 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 | 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) a n d v o l ume(s) | Price(s) Volumes 1. £0.001 2. £0.001 1. 27,745 2. 13,872 | ||||
| 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) | N a me | Christian Hellinger | ||||
| 2 | Reason for the notification | |||||
| a) | Position / s t a tus | CEO, ADAM Audio | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | Focusrite plc | ||||
| b) | LEI | 213800JJ51KA4LOTF736 | ||||
| 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 | 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) a n d v o l ume(s) | Price(s) Volumes 1. £0.001 2. £0.001 1. 22,539 2. 11,269 | ||||
| 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) | N a me | David Gibbons | ||||
| 2 | Reason for the notification | |||||
| a) | Position / s t a tus | CEO, Sequential | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | Focusrite plc | ||||
| b) | LEI | 213800JJ51KA4LOTF736 | ||||
| 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 | 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) a n d v o l ume(s) | Price(s) Volumes 1. £0.001 2. £0.001 1. 26,958 2. 13,479 | ||||
| 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) | N a me | Simon Holt | ||||
| 2 | Reason for the notification | |||||
| a) | Position / s t a tus | Head of Engineering | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | Focusrite plc | ||||
| b) | LEI | 213800JJ51KA4LOTF736 | ||||
| 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 | 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) a n d v o l ume(s) | Price(s) Volumes 1. £0.001 2. £0.001 1. 21,842 2. 10,921 | ||||
| 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) | N a me | Dom Harter | ||||
| 2 | Reason for the notification | |||||
| a) | Position / s t a tus | Managing Director, Martin Audio | ||||
| b) | Initial notification / Amendment | Initial notification | ||||
| a) | Name | Focusrite plc | ||||
| b) | LEI | 213800JJ51KA4LOTF736 | ||||
| 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 | Grant of a nominal cost option 'performance share award' under the Focusrite plc Performance Share Plan. | ||||
| c) | Price(s) a n d v o l ume(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 |
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