Strix Group PLC Director Dealings (4035N)
September 22 2023 - 7:42AM
UK Regulatory
TIDMKETL
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 GBP0.01 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 GBP0.01
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
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f) Place of the transaction London Stock Exchange, AIM
----------------------------------------------------------------------- ---------------------------------
For further enquiries, please contact:
Strix Group Plc
Mark Bartlett, CEO
Raudres Wong, CFO +44 (0) 1624 829829
Zeus (Nominated Advisor and Joint Broker)
Nick Cowles / Jamie Peel / Jordan Warburton
(Investment Banking) +44 (0) 20 3829 5000
Stifel Nicolaus Europe Limited (Joint
Broker)
Matthew Blawat / Francis North +44 (0) 20 7710 7600
IFC Advisory Limited (Financial PR
and IR)
Graham Herring / Tim Metcalfe / Florence
Chandler +44 (0) 20 3934 6630
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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END
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