Strix Group PLC Grant of Options (1526O)
August 16 2017 - 5:50AM
UK Regulatory
TIDMKETL
RNS Number : 1526O
Strix Group PLC
16 August 2017
16 August 2017
Strix Group Plc
("Strix" or the "Company")
Grant of Options
Strix Group Plc (AIM: KETL), the designer, manufacturer and
supplier of kettle safety controls and other complementary water
temperature management components, announces that, further to the
intention disclosed in its AIM Admission Document dated 27 July
2017, it granted options on 15 August 2017 over a total of
3,431,505 Ordinary Shares of 1p each ('Ordinary Shares'), including
an option over 510,000 Ordinary Shares being granted to Frank Gao
(Chief Operating Officer).
The options have been granted at nil cost, and are subject to
performance conditions as determined by the Company's remuneration
committee.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, 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 Frank Gao
--- ----------------- --------------------------
2 Reason for the notification
--- ---------------------------------------------
a) Position/status Chief Operating Officer
--- ----------------- --------------------------
b) Initial Initial notification
notification
/Amendment
--- ----------------- --------------------------
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 Ordinary shares of
of the 1p
financial
instrument, KETL ISIN: IM00BF0FMG91
type of
instrument
Identification
code
--- ----------------- --------------------------
b) Nature Grant of Option
of the
transaction
--- ----------------- --------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) --------- ----------
0p 510,000
--------- ----------
--- ----------------- --------------------------
d) Aggregated
information N/A - single transaction
- Aggregated
volume
- Price
--- ----------------- --------------------------
e) Date of 15 August 2017
the transaction
--- ----------------- --------------------------
f) Place of London Stock Exchange,
the transaction AIM
--- ----------------- --------------------------
Enquiries:
Strix Group Plc
Mark Bartlett (CEO) 01624 829
Raudres Wong (CFO) 829
Zeus Capital Limited
Nick Cowles / Jamie Peel / Jordan
Warburton (Corporate Finance)
Dominic King (Corporate Broking) 020 3829 5000
IFC Advisory Limited (Financial
PR & IR)
Graham Herring / Tim Metcalfe /
Heather Armstrong / Miles Nolan 020 3053 8671
This information is provided by RNS
The company news service from the London Stock Exchange
END
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