REG - discoverIE Group plc - Director/PDMR Shareholding

DiscoverieAnnouncement

03/03/2025 14:30

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RNS Number : 1419Z  discoverIE Group plc  03 March 2025

3 March 2025

discoverIE Group plc

 

Director/PDMR Shareholding

 

discoverIE Group plc (LSE: DSCV, "discoverIE", the "Group" or the "Company"),
a leading international designer and manufacturer of customised electronics to
industry, announces that, on 3 March 2025, Mrs Mary Watson, wife of Clive
Watson, Non-Executive Director, acquired a total of 5,000 ordinary shares of 5
pence each in the Company ("Ordinary Shares") at an average price of £5.43.

 

Following this purchase, Clive Watson is interested in 36,471 Ordinary Shares,
representing approximately 0.04% of the Company's voting share capital.

 

The information set out below is provided in accordance with the requirements
of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Mary Watson
 2   Reason for the notification
 a)  Position / status                                            PCA of Clive Watson, Non-Executive Director
 b)  Initial notification / amendment                             Initial notification
 3   Details of issuer
 a)  Name                                                         discoverIE Group plc
 b)  LEI                                                          213800BMDLQU1VEEAN68
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary Shares

     Identification code

                                                                  GB0000055888
 b)  Nature of the transaction                                    Share acquisition
 c)  Price(s) and volume(s)

Price                   Volume
                                                                  542.87 pence per share  5,000

 

 d)  Aggregated information                                       N/A

 e)  Date of the transaction                                      3 March 2025

 f)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 

d)

Aggregated information

N/A

 

e)

Date of the transaction

3 March 2025

 

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

 

Notes to Editors:

 

About discoverIE Group plc

 

discoverIE Group plc is an international group of businesses that design and
manufacture innovative electronic components for industrial applications.

 

The Group provides application-specific components to original equipment
manufacturers ("OEMs") internationally through its two divisions, Magnetics
& Controls, and Sensing & Connectivity. By designing components that
meet customers' unique requirements, which are then manufactured and supplied
throughout the life of their production, a high level of repeating revenue is
generated with long-term, high quality customer relationships.

 

With a focus on key markets driven by structural growth, increasing electronic
content and sustainability, namely medical, electrification of transportation,
renewable energy, security and industrial automation & connectivity, the
Group aims to achieve organic growth that is well ahead of GDP and to
supplement that with complementary acquisitions. The Group is committed to
reducing the impact of its operations on the environment in order to reach net
zero. With its key markets aligned with a sustainable future, the Group has
been awarded an ESG "AA" rating by MSCI and is Regional (Europe) Top Rated by
Sustainalytics.

 

The Group employs c.4,500 people across 20 countries with its principal
operating units located in Continental Europe, the UK, China, Sri Lanka, India
and North America.

 

discoverIE is listed on the Main Market of the London Stock Exchange and is a
member of the FTSE 250, classified within the Electrical Components and
Equipment subsector.

 

 

 

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