REG - discoverIE Group plc - Issue of Equity & Total Voting Rights

DiscoverieAnnouncement

16/12/2025 09:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251216:nRSP7632La&default-theme=true

RNS Number : 7632L  discoverIE Group plc  16 December 2025

16 December 2025

discoverIE Group plc ("discoverIE", the "Company")

Issue of Equity & Total Voting Rights

 

discoverIE Group plc (LSE: DSCV, "discoverIE" or the "Group"), a leading
international designer and manufacturer of customised electronics to industry,
announces that an application has been made for admission of 1,000,000 shares
(the "New Ordinary Shares") to the premium listing segment of the Official
List of the Financial Conduct Authority (the "FCA") and to trading on the main
market of the London Stock Exchange (together "Admission"). It is expected
that Admission will take place at 8.00 a.m. on 19 December 2025.  The New
Ordinary Shares will be issued to the Company's Employee Benefit Trust to
satisfy, inter alia, exercises of awards under option.

 

Total voting rights

 

Following Admission becoming effective, the Company's issued share capital
will consist of 97,356,109 ordinary shares with voting rights.  Therefore,
the total number of voting rights in the Company will be 97,356,109.  This
figure may be used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the
disclosure guidance issued by the FCA and the transparency rules made by the
FCA under section 89A(1) of the Financial Services and Markets Act 2000, as
amended ("FSMA") (together, the "Disclosure Guidance and Transparency Rules").

 

Contacts

 

For further information please contact:

 

 discoverIE                               01483 544 500
 Nick Jefferies, Group Chief Executive
 Simon Gibbins, Group Finance Director

 Lili Huang, Head of Investor Relations

 Buchanan                                 020 7466 5000
 Chris Lane, Toto Berger, Jack Devoy

 

 

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 sales growth that is well ahead of GDP through
the cycle 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 Mainland 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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEZZMMZLVLGKZG



            Copyright 2019 Regulatory News Service, all rights reserved