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 
      -----------------------------------------------------------------------  --------------------------------- 
 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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September 22, 2023 07:42 ET (11:42 GMT)

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