REG - Strix Group PLC - Cyber Incident

StrixAnnouncement

28/02/2022 07:00

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RNS Number : 9420C  Strix Group PLC  28 February 2022

Strix Group Plc

("Strix", the "Company" or the "Group")

 

Cyber Incident

 

Strix Group Plc (AIM: KETL), the global leader in the design, manufacture and
supply of kettle safety controls and other complementary water temperature
management components, reports that it has recently been the subject of a
cyber incident of Russian origin in its business.

On becoming aware of the incident, which mainly impacted Strix's Isle of Man
and UK servers, the Group immediately engaged external specialists and took
precautionary measures with its IT infrastructure, including taking its
systems offline whilst it investigated the nature and extent of the incident
and implemented its business continuity plan. These systems are now restored
and fully operational. There has been no impact on customer orders or sales,
with all businesses within the Group remaining operational.

The Company has also appointed cyber security experts to continue to monitor
and support the Group with this incident as well as report on the attack and
make recommendations to further enhance and refine the Group's processes and
procedures. These recommendations will be implemented.

The Group is fully aware of its obligations and is working with its
professional advisers, the police and relevant regulatory authorities and will
provide further updates as and when appropriate.

 For further enquiries, please contact:

 Strix Group Plc                                                   +44 (0) 1624 829829

 Mark Bartlett, CEO

 Raudres Wong, CFO

 Zeus Capital Limited (Nominated Advisor and Joint Broker)         +44 (0) 20 3829 5000

 Nick Cowles / Jamie Peel / Jordan Warburton (Corporate Finance)

 Stifel Nicolaus Europe Limited (Joint Broker)                     +44 (0) 20 7710 7600

 Matthew Blawat / Francis North

 IFC Advisory Limited (Financial PR and IR)                        +44 (0) 20 3934 6630

Graham Herring / Tim Metcalfe / Florence Chandler

 

 

 

ABOUT STRIX GROUP PLC

 

Isle of Man based Strix, is a global leader in the design, manufacture and
supply of kettle safety controls and other components and devices involving
water heating and temperature control, steam management and water filtration.

 

Strix's core product range comprises a variety of safety controls for small
domestic appliances, primarily kettles. Kettle safety controls require
precision engineering and intricate knowledge of material properties in order
to repeatedly function correctly. Strix has built up market leading capability
and know-how in this field since being founded in 1982.

 

Strix trades on the AIM Market of the London Stock Exchange (AIM: KETL).

 

 

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