Business
Results of Director Dealings
Results of Director Dealings.
About this update from Gear4music (holdings) Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3828G\n Gear4music (Holdings) PLC\n 24 November 2020\n \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 596/2014 (\"MAR\").\n \n \n NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO \n THE UNITED STATES\n , \n AUSTRALIA\n , \n CANADA\n , JAPAN , THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.\n \n \n PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.\n \n \n 24 November 2020\n \n \n Gear4music (Holdings) plc\n \n \n (\"Gear4music\" or the \"Company\")\n \n \n Results of Director Dealings\n \n \n Further to the announcement made earlier today (\"the Announcement\"), the Company confirms that the Selling Shareholders have sold in aggregate 900,000 Sale Shares at a price of 730 pence per share. \n \n \n The trade date for the Placing was 24 November 2020 and settlement is expected to occur on a T+2 basis, on 26 November 2020.\n \n \n Following completion of the Placing, the Selling Shareholders (each of whom is a PDMR) will have the following resultant shareholdings: \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 810,000\n \n \n \n \n \n \n \n \n \n \n \n 6,351,993\n \n \n \n \n 30.32%\n \n \n \n \n \n \n Dean Murray\n \n \n \n \n 30,000\n \n \n \n \n \n \n \n \n \n \n \n 167,520\n \n \n \n \n 0.80%\n \n \n \n \n \n \n Gareth Bevan\n \n \n \n \n 30,000\n \n \n \n \n \n \n \n \n \n \n \n 84,760\n \n \n \n \n 0.40%\n \n \n \n \n \n \n Chris Scott\n \n \n \n \n 30,000\n \n \n \n \n \n \n \n \n \n \n \n 74,840\n \n \n \n \n 0.36%\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 Gear4music\n Ken Ford, Non-Executive Chairman\n \n \n +44 (0)20 3405 0205\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n N+1 Singer - Nominated Adviser and Broker\n Peter Steel/Amanda Gray, Corporate Finance\n Tom Salvesen, Corporate Broking\n \n \n \n +44 (0)20 7496 3000\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Alma - Financial...