Statement on TT Electronics plc

Investec

07/01/2026 15:30

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
Alistair de Kare-Silver - alistairdks@templebaradvisory.com
+44 (0) 7827 960 151
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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