Director Share Dealings
Focusrite plc announced that on June 30, 2026, Group CEO Tim Carroll and Group CFO Sally McKone were awarded ordinary shares as part of the company's annual bonus arrangements. Mr. Carroll received 36,070 shares, with 19,117 transferred to him and 16,953 allocated for tax and national insurance liabilities, increasing his beneficial holding to 156,054 shares (0.26%). Ms. McKone received 35,651 shares, with 18,895 transferred and 16,756 for tax and national insurance, bringing her beneficial holding to 101,414 shares (0.17%). These shares are subject to a two-year disposal restriction.
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Focusrite plc (AIM:TUNE), the global music and audio products company that trades under the Focusrite and Novation brands, announces that on 30 June 2026 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 final 6 months of the Company's transitional 18 month financial year ended 28 February 2026. 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 | 36,070 | 19,117 | 16,953 |
| Sally McKone | 35,651 | 18,895 | 16,756 |
Following the award:
- Carroll's beneficial holding is 156,054 Ordinary Shares in the Company representing 0.26% of the total number of shares in the Company; and
Ms McKone's beneficial holding is 101,414 Ordinary Shares in the Company representing 0.17% of the total number of shares in the Company.
| 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 | Group Chief Executive Officer |
| b) | Initial notification / Amendment | Initial notification |
| a) | Name | Focusrite plc |
| b) | Legal Entity Identifier | 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 | Acquisition of shares pursuant to Focusrite plc's bonus arrangements for the final 6 months of the Company's transitional 18 month financial year ended 28 February 2026 |
| c) | Price(s) a n d v o l ume(s) | Prices per share V o l umes Acquired Nil 19,117 |
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction |
| e) | Date of the transaction | 30 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 | Group Chief Financial Officer |
| b) | Initial notification / Amendment | Initial notification |
| a) | Name | Focusrite plc |
| b) | Legal Entity Identifier | 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 | Acquisition of shares pursuant to Focusrite plc's bonus arrangements for the final 6 months of the Company's transitional 18 month financial year ended 28 February 2026 |
| c) | Price(s) a n d v o l ume(s) | Prices per share V o l umes Acquired Nil 18,895 |
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction |
| e) | Date of the transaction | 30 June 2026 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.