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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Focusrite chairman designate snaps up shares

(Sharecast News) - Focusrite revealed on Tuesday that chairman designate Ian Barkshire had acquired 87,280 ordinary shares in the AIM-listed audio products group. Barkshire, who will take over from Philip Dudderidge in July, purchased the shares on Monday at an average price of 200p each, for a total price of £174,560.

As of 1530 BST, Focusrite shares were up 11.95% at 223.90p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Focusrite (TUNE) Director name: Barkshire,Ian Amount purchased: 87,280 @ 200.00p Value:£174,560.00

Iofina (IOF) Director name: Hughes,Tim Amount purchased: 20,003 @ 50.00p Value: £10,001.50

Top Director Sells

Accesso Technology Group (ACSO) Director name: Boyle ,Matthew Amount sold: 1,812 @ 319.42p Value: £5,787.82

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.