REG - Strix Group PLC - Investor Site Visits

StrixAnnouncement

31/05/2023 07:00

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RNS Number : 0891B  Strix Group PLC  31 May 2023

31 May 2023

Strix Group Plc

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

Investor Site Visits

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, announces a reconfirmation of its final
dividend and also details of upcoming investor site visits taking place in
July 2023.

 

Site Visits

 

Isle of Man Analyst and Investor Day

 

Strix will host a site visit for analysts and investors at the Company's Head
Office, located at Forrest House, Ronaldsway, Isle of Man IM9 2RG on Monday 3
July 2023.

 

The event will include a tour of the premises and factory from executive and
divisional management, with a particular focus on the:

-     history of the business and the different divisions, including
kettle controls, water and appliances

-     review of new products with demonstrations;

-     facility tour to show current process and future plans; and

-     Q&A.

 

No material new information will be provided at the event.

 

Analysts and investors wishing to attend this event please email
strix@investor-focus.co.uk (mailto:strix@investor-focus.co.uk) .

 

 

Farringdon Showroom Informal Open Day

 

Strix will be hosting an informal opening  of its new showroom on 11 July
2023 at 91 Turnmill Street, Farringdon, London, EC1M 5QU.

 

This will provide analysts and investors an opportunity to call in and chat on
an informal basis with  members of the Board and senior management, take a
tour of the showroom, as well as seeing the range of products available within
the water and appliances categories, including Billi products.

 

Interested parties are welcome from 3pm, and attendees are invited to register
by emailing strix@investor-focus.co.uk (mailto:strix@investor-focus.co.uk) .

 

 

Final Dividend

 

As capital allocation decisions prioritised debt reduction, the Board
reconfirms its recommendation of a final dividend of 3.25 pence. The final
dividend will be paid on 11 August 2023 to shareholders on the register at 30
June 2023 and the shares will trade ex-dividend from 29 June 2023.

 

 

 

 

 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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