RCS - DBAY Advisors Ltd - Statement on TT Electronics plc

Cicor TechnologiesAnnouncement

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RNS Number : 0406O  DBAY Advisors Limited  07 January 2026

7 January 2026

 

DBAY Advisors Limited ("DBAY")

Statement regarding TT Electronics plc's Court and General Meetings

DBAY notes today's announcement by TT Electronics plc ("TT Electronics" or the
"Company") regarding the results of the Company's court and general meetings
held today in connection with the offer for TT Electronics by Cicor
Technologies Ltd.

DBAY, which owns 24.5 per cent. of the Company's issued share capital,
welcomes this outcome. DBAY believes TT Electronics is a great business and is
well positioned to benefit from its exposure to structurally attractive
growing markets, including favourable tailwinds in the defence sector.

Since acquiring shares in TT Electronics, DBAY has been pleased with the
improvements the Company has been making as regards operational efficiency,
productivity and financial performance. As a core shareholder, DBAY will take
a long-term view on its investment in TT Electronics and will support the
Company's continued investment in its business and employees.

Daniel Aharoni, Managing Director at DBAY Advisors, said:

"We believe this is a positive outcome for shareholders and all the Company's
stakeholders. Management can now focus fully on executing its strategy,
delivering sustainable long-term growth and profitability and unlocking
greater shareholder value, while continuing to invest in its highly talented
people and deliver for customers and other stakeholders."

 

For enquiries:

 Temple Bar Advisory (Financial PR Adviser to DBAY)
 Alex Child-Villiers - alexcv@templebaradvisory.com            +44 (0) 7795 425 580
 (mailto:alexcv@templebaradvisory.com)
 Alistair de Kare-Silver - alistairdks@templebaradvisory.com   +44 (0) 7827 960 151
 (mailto:alistairdks@templebaradvisory.com)

 Investec Bank plc                                             +44 (0) 207 597 5970
 Gary Clarence, Marc Potel, Harry Hargreaves

 

The person at DBAY responsible for making this announcement is Mike Haxby,
Partner.

 

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