Business
Result of Director Dealings
Result of Director Dealings.
About this update from Gear4music (holdings) Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4302V\n Gear4music (Holdings) PLC\n 13 December 2021\n \n \n \n \n THIS ANNOUNCEMENT IS RESTRICTED AND NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.\n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018) (\"MAR\"). \n \n \n 13 December 2021\n \n \n Gear4music (Holdings) plc\n \n \n (\"Gear4music\" or the \"Company\")\n \n \n Result of Director Dealings\n \n \n Further to the announcement made earlier today (\"the Announcement\"), the Company confirms that the Selling Shareholder has sold 1,650,000 Sale Shares at a price of 730 pence per share. \n \n \n The trade date for the Placing is 13 December 2021 and settlement is expected to occur on a T+2 basis, on 15 December 2021.\n \n \n Following completion of the Placing, the Selling Shareholder (also a PDMR) will have the following resultant shareholding: \n \n \n \n \n \n PDMR\n \n \n \n \n Number of Sale Shares sold\n \n \n \n \n \n \n \n \n \n \n \n Resulting shareholding \n \n \n \n \n %\n \n \n \n \n \n \n Andrew Wass\n \n \n \n \n 1,650,000\n \n \n \n \n \n \n \n \n \n \n \n 4,701,993\n \n \n \n \n 22.42%\n \n \n \n \n \n \n \n \n Capitalised terms have the same meaning as defined in the Announcement unless stated.\n \n \n Enquiries:\n \n \n \n \n \n Gear4music\n \n \n Ken Ford, Non-Executive Chairman\n \n \n \n \n \n \n \n +44 (0)20 3405 0205\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Singer Capital Markets - Nominated Adviser and Joint Broker\n \n \n Peter Steel/Amanda Gray, Corporate Finance\n \n \n Tom Salvesen, Corporate Broking\n \n \n \n \n \n \n \n \n \n \n +44 (0)20 7496 3000\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Investec Bank plc - Joint Broker\n \n \n David Flin\n \n \n Alex Wright\n \n \n Harry Hargreaves\n \n \n \n \n +44 ...