PDMR Dealing

RNS Number : 1034J

Strix Group PLC

22 April 2022

 

22 April 2022

Strix Group plc

("Strix" or the "Company")

PDMR Dealing

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 Harry Kyriacou, Chief Commercial Officer, has sold 48,566 ordinary shares of £0.01 each ("Ordinary Shares") at an average price of 209.7671 pence per Ordinary Share. The sale is primarily to finance the income tax and National Insurance liabilities relating to the exercise of Company options announced on 21 April 2022 .

Following this disposal, Harry now holds 48,567 Ordinary Shares representing approximately 0.02% of the current Issued Share Capital of the Company.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, 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	Harry Kyriacou
2	Reason for the notification
a)	Position/status	CCO
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 Identification code	Ordinary shares of £0.01 ISIN: IM00BF0FMG91
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 209.7671 48,566
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	22 April 2022
f)	Place of the transaction	London Stock Exchange, AIM

Further enquiries, please contact:

Strix Group Plc Mark Bartlett, CEO Raudres Wong, CFO	[phone]
Zeus (Nominated Adviser and Joint Broker) Nick Cowles / Jamie Peel / Jordan Warburton (Investment Banking)	[phone]
Stifel Nicolaus Europe Limited (Joint Broker)	[phone]
Matthew Blawat / Francis North
IFC Advisory Limited (Financial PR and IR)	[phone]
Graham Herring / Tim Metcalfe / Florence Chandler

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 is admitted to trading on the AIM Market of the London Stock Exchange (AIM: KETL).

 

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