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RNS Number : 3975V discoverIE Group plc 14 August 2025
14 August 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 13 August 2025, Mrs Mary Watson, wife of Clive
Watson, Non-Executive Director, acquired 63 Ordinary Shares pursuant to a
dividend reinvestment plan ("DRIP") and Clive Watson, Non-Executive Director,
acquired 402 Ordinary Shares pursuant to a DRIP.
Following these transactions, Clive Watson is interested in 36,936 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
669.79 pence per share 63
d) Aggregated information N/A
e) Date of the transaction 13 August 2025
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
N/A
e)
Date of the transaction
13 August 2025
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Clive Watson
2 Reason for the notification
a) Position / status 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
669.80 pence per share 402
d) Aggregated information N/A
e) Date of the transaction 13 August 2025
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
N/A
e)
Date of the transaction
13 August 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 "A" rating by MSCI and is Regional (Europe) Top Rated and
Industry (Technology Hardware) 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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