Focusrite PLC, a global music and audio products company, has announced that a non-executive director, David Bezem, has transferred 3,968 ordinary shares of 0.1 pence each in the capital of the Company to his spouse for no consideration. Following the transaction, David Bezem will retain a beneficial holding of 3969 Ordinary Shares, representing 0.01% of the current issued share capital.
The transaction took place on 13 February 2024 at the London Stock Exchange. The company's CEO, Tim Carroll, and CFO, Sally McKone, are available for further inquiries. Focusrite PLC is a global audio products group that develops and markets proprietary hardware and software products, trading under thirteen established brands. The company has a global customer base with a distribution network covering approximately 240 territories.
The brands under the Focusrite Group are category leaders in the music-making and audio recording industries, offering solutions for recording musicians, producers, and professional audio facilities. The company's products are used in the creation of electronic music, studio monitors, performance-ready sound reinforcement systems, professional audio equipment, high-end analogue synthesizers, audio processing software plug-ins, and innovative immersive audio and show control technologies. The company has offices in four continents and a rich heritage spanning decades.
This notification provides insight into the recent transfer of shares by a PDMR at Focusrite PLC, offering transparency and compliance with regulatory requirements.