FOCUSRITE PLC LS -,001

Liontrust Investment Partners has increased its voting stake in Focusrite from 13.76% to 15.5% and now holds 9,177,739 voting rights. The company crossed the reporting threshold on July 31 and does not hold any voting rights via financial instruments. The increase resulted from the takeover of River Global Investors’ funds after FCA approval, whereby their voting rights transferred to Liontrust. » Más en de.investing.com

Liontrust Investment Partners has reduced its reported stake in Focusrite to 13.76% of the voting rights, thereby falling below the notification threshold on July 13. Previously the stake was 15.07%, and Liontrust stated that it no longer holds any voting rights via financial instruments. Focusrite was informed of the change on July 14; the notification was made using the standard TR-1 form. » Más en de.investing.com

As part of its annual bonus arrangement, Focusrite issued shares to CEO Tim Carroll (36,070 shares) and CFO Sally McKone (35,651 shares) after both chose to convert parts of their annual bonus into shares on a 1:1 basis. Part of the allocation was transferred directly, while the remainder was used to cover tax and social security liabilities and was paid in cash. The shares are subject to a two-year holding period; after the allocation Carroll holds 156,054 ordinary shares (0.26%) and McKone holds 101,414 ordinary shares (0.17%). » Más en de.investing.com