600 Group PLC Holding(s) in Company (8988S)

TIDMSIXH

RNS Number : 8988S

600 Group PLC

19 March 2021

The 600 Group PLC

Holding(s) in Company

600 Group plc (the "Group" or the "Company"), the diversified industrial engineering company (AIM: SIXH), announces that it was notified on 19 March 2021 that Pruta Securities (Jersey) Ltd. holds 5,000,000 ordinary shares in the Company, equating to 4.26% of the ordinary shares in issue.

Enquiries:

 
 The 600 Group PLC                              Tel: 01924 415000 
  Paul Dupee, Executive Chairman 
 Instinctif Partners                           Tel: 0207 457 2020 
  Mark Garraway 
  Rosie Driscoll 
 Cenkos Securities plc (Nominated Adviser      Tel: 020 7397 8900 
  and Broker) 
  Ben Jeynes / Max Gould (Corporate Finance) 
  Alex Pollen (Sales)

About The 600 Group PLC

The 600 Group PLC is a distributor, designer and manufacturer of industrial products with three principle areas of activities:

Machine Tools

The business has a strong reputation in the market for metal turning machines. Products range from small conventional machines for education markets, CNC workshop machines and CNC production machines. Selected outsourcing partners support the manufacturing of these machines and they are marketed through the Group's wholly owned international sales organisation and a global distribution network.

Precision Engineered Components

Machine spares are distributed to customers globally to help maintain the installed base of group machines which number in excess of 100,000. Additionally, work holding products are sold via specialist distributors to OEMs, including other machine builders.

Industrial Laser Systems

Industrial laser systems cover laser marking and processing including cutting, drilling, ablation and a host of other niche applications in the marking and micro machining sectors. They require no consumables and can operate on a continuous high speed basis and can be integrated into customers' production lines. The businesses have their own technology and proprietary software. Customer applications are diverse and range from aerospace to medical and pharmaceuticals. The requirement for increased product and component traceability is one of the market drivers.

More information on the Group can be viewed at: www.600group.com

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