REG - Strix Group PLC - Director Dealings
05/04/2022 07:00
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RNS Number : 2317H Strix Group PLC 05 April 2022
Strix Group Plc
("Strix" or the "Company")
Director Dealings
Strix Group Plc (AIM:KETL), the AIM quoted global leader in the design,
manufacture and supply of kettle safety controls and other complementary water
temperature management components, has been notified that Mark Bartlett, the
Chief Executive Officer, Raudres Wong, the Chief Financial Officer and Gary
Lamb, the Chairman, have purchased 134,249, 22,200 and 44,400 ordinary shares
of £0.01 each ("Ordinary Shares") respectively at a price of 199 pence per
Ordinary Share.
Richard Sells, a Non-executive Director, has also notified Strix that he has
purchased 9,894 Ordinary Shares at a price of 202 pence per Ordinary Share.
Following the purchases, Mark, Raudres, Gary and Richard hold the following
interests in the share capital of the Company.
Director Position Ordinary Shares held previously % of total issued share capital held previously Number of ordinary shares purchased Resulting total number of Ordinary Shares held Resulting % of issued share capital held
Mark Bartlett Chief Executive Officer 2,410,878 1.17% 134,249 2,545,127 1.23%
Raudres Wong(1) Chief Financial Officer 1,802,075 0.87% 22,200 1,824,275 0.88%
Gary Chairman 250,000 0.12% 44,400 294,400 0.14%
Lamb(2)
Richard Non-Executive Director - - 9,894 9,894 0.00%
Sells
(1)( )Shares held in the name of her husband, Wing Yip Fong
(2 )Shares registered in the name of GEL Investments Limited, a company
controlled by Gary Lamb
The notification below, made in accordance with the requirements of the EU
Market Abuse Regulation, provides further detail.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mark Bartlett
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Strix Group Plc
b) LEI 213800KZEW5W6BZMNT62
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 of £0.01
Identification code
ISIN: IM00BF0FMG91
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
199p 134,249
d) Aggregated information
- Aggregated volume N/A - Single transaction
- Price
e) Date of the transaction 4 April 2022
f) Place of the transaction London Stock Exchange, AIM
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Raudres Wong
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Strix Group Plc
b) LEI 213800KZEW5W6BZMNT62
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 of £0.01
Identification code
ISIN: IM00BF0FMG91
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
199p 22,200
d) Aggregated information
- Aggregated volume N/A - Single transaction
- Price
e) Date of the transaction 4 April 2022
f) Place of the transaction London Stock Exchange, AIM
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Gary Lamb
2 Reason for the notification
a) Position/status Chairman
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Strix Group Plc
b) LEI 213800KZEW5W6BZMNT62
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 of £0.01
Identification code
ISIN: IM00BF0FMG91
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
199p 44,400
d) Aggregated information
- Aggregated volume N/A - Single transaction
- Price
e) Date of the transaction 4 April 2022
f) Place of the transaction London Stock Exchange, AIM
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Richard Sells
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Strix Group Plc
b) LEI 213800KZEW5W6BZMNT62
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 of £0.01
Identification code
ISIN: IM00BF0FMG91
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
202p 9,894
d) Aggregated information
- Aggregated volume N/A - Single transaction
- Price
e) Date of the transaction 4 April 2022
f) Place of the transaction London Stock Exchange, AIM
For further enquiries, please contact:
Strix Group Plc Tel: +44 (0) 1624 829829
Mark Bartlett, CEO
Raudres Wong, CFO
Zeus (Nominated Advisor and Joint Broker) +44 (0) 20 3829 5000
Nick Cowles / Jamie Peel / Jordan Warburton (Investment Banking)
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 is admitted to trading on the AIM Market of the London Stock Exchange
(AIM: KETL).
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