Cyber Incident

RNS Number : 9420C

Strix Group PLC

28 February 2022

 

Strix Group Plc

("Strix", the "Company" or the "Group")

Cyber Incident

Strix Group Plc (AIM: KETL), the global leader in the design, manufacture and supply of kettle safety controls and other complementary water temperature management components, reports that it has recently been the subject of a cyber incident of Russian origin in its business.

On becoming aware of the incident, which mainly impacted Strix's Isle of Man and UK servers, the Group immediately engaged external specialists and took precautionary measures with its IT infrastructure, including taking its systems offline whilst it investigated the nature and extent of the incident and implemented its business continuity plan. These systems are now restored and fully operational. There has been no impact on customer orders or sales, with all businesses within the Group remaining operational.

The Company has also appointed cyber security experts to continue to monitor and support the Group with this incident as well as report on the attack and make recommendations to further enhance and refine the Group's processes and procedures. These recommendations will be implemented.

The Group is fully aware of its obligations and is working with its professional advisers, the police and relevant regulatory authorities and will provide further updates as and when appropriate.

For further enquiries, please contact:
Strix Group Plc Mark Bartlett, CEO Raudres Wong, CFO	[phone]
Zeus Capital Limited (Nominated Advisor and Joint Broker) Nick Cowles / Jamie Peel / Jordan Warburton (Corporate Finance)	[phone]
Stifel Nicolaus Europe Limited (Joint Broker) Matthew Blawat / Francis North	[phone]
IFC Advisory Limited (Financial PR and IR) Graham Herring / Tim Metcalfe / Florence Chandler	[phone]

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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