REG - Strix Group PLC - Director Dealings

StrixAnnouncement

22/09/2023 12:45

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RNS Number : 4035N  Strix Group PLC  22 September 2023

22 September 2023

Strix Group Plc

("Strix", the "Group" 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 has purchased 51,732 Ordinary Shares of £0.01 each
("Ordinary Shares") respectively at a price of 57.7 pence per Ordinary Share.

 

Following this purchase, Mark Bartlett is beneficially interested in a total
of 2,676,762 Ordinary Shares.

 

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)
      57.7p                                                                          51,732

 d)   Aggregated information

      -         Aggregated volume                                  N/A - Single transaction

      -         Price
 e)   Date of the transaction                                      22 September 2023
 f)   Place of the transaction                                     London Stock Exchange, AIM

 

For further enquiries, please contact:

 

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

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