REG - Strix Group PLC - PDMR Dealing

StrixAnnouncement

22/04/2022 16:15

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RNS Number : 1034J  Strix Group PLC  22 April 2022

22 April 2022

Strix Group plc

 

("Strix" or the "Company")

 

PDMR Dealing

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 Harry Kyriacou,
Chief Commercial Officer, has sold 48,566 ordinary shares of £0.01 each
("Ordinary Shares") at an average price of 209.7671 pence per Ordinary Share.
The sale is primarily to finance the income tax and National Insurance
liabilities relating to the exercise of Company options announced on 21 April
2022.

Following this disposal, Harry now holds 48,567 Ordinary Shares representing
approximately 0.02% of the current Issued Share Capital of the Company.

The notification below, made in accordance with the requirements of the EU
Market Abuse Regulation as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018, provides further detail.

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Harry Kyriacou
 2    Reason for the notification
 a)   Position/status                                              CCO
 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                                    Sale of Ordinary Shares
 c)   Price(s) and volume(s)

 Price(s)   Volume(s)
                                                                   209.7671    48,566
 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      22 April 2022
 f)   Place of the transaction                                     London Stock Exchange, AIM

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

22 April 2022

f)

Place of the transaction

London Stock Exchange, AIM

 

 

Further enquiries, please contact:

 Strix Group Plc                                                    +44 (0) 1624 829829

 Mark Bartlett, CEO

 Raudres Wong, CFO

 Zeus (Nominated Adviser 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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