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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Strix Group Plc | LSE:KETL | London | Ordinary Share | IM00BF0FMG91 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.90 | -2.52% | 73.60 | 74.00 | 74.40 | 76.90 | 73.60 | 76.90 | 274,475 | 16:35:18 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Manufacturing Industries,nec | 106.92M | 16.79M | 0.0768 | 9.64 | 161.85M |
From Apr 2019 to Apr 2024
TIDMKETL
RNS Number : 4834Z
Strix Group PLC
20 May 2019
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
20 May 2019
Strix Group Plc
("Strix" or the "Company")
Grant of Options
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, announces that it granted options on 20 May 2019 over a total of 902,833 Ordinary Shares of 1p each in the Company ("Ordinary Shares") under the Strix Group Plc Long Term Incentive Plan ("LTIP").
Included within the 902,833 options granted are the following to Directors and PDMRs of the Company as part of their annual remuneration and incentivisation packages:
Hot Features
Premium
Number of options Total number
granted of options held
Chief Executive
Mark Bartlett Officer 198,398 4,206,815
----------------- ------------------ -----------------
Chief Financial
Raudres Wong Officer 196,267 2,288,137
----------------- ------------------ -----------------
Chief Operating
Frank Gao Officer 112,398 709,189
----------------- ------------------ -----------------
The remaining 395,770 options granted have been awarded to members of the Company's trading board. The options have been granted at nil cost, and are subject to performance conditions as determined by the Company's Remuneration Committee.
Following these grants the total number of options over Ordinary Shares in issue is 11,615,177.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, 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 Mark Bartlett
---------------------- ---------------------------
2 Reason for the notification
---------------------------------------------------
a) Position/status Chief Executive Officer
---------------------- ---------------------------
b) Initial notification Initial notification
/Amendment
---------------------- ---------------------------
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 Ordinary shares of 1p
of the financial
instrument, KETL ISIN: IM00BF0FMG91
type of instrument
Identification
code
---------------------- ---------------------------
b) Nature of Grant of Option
the transaction
---------------------- ---------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 0p 198,398
----------
---------------------- ---------------------------
d) Aggregated
information N/A - single transaction
- Aggregated
volume
- Price
---------------------- ---------------------------
e) Date of the 20 May 2019
transaction
---------------------- ---------------------------
f) Place of the London Stock Exchange, AIM
transaction
---------------------- ---------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name Raudres Wong
---------------------- ---------------------------
2 Reason for the notification
---------------------------------------------------
a) Position/status Chief Financial Officer
---------------------- ---------------------------
b) Initial notification Initial notification
/Amendment
---------------------- ---------------------------
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 Ordinary shares of 1p
of the financial
instrument, KETL ISIN: IM00BF0FMG91
type of instrument
Identification
code
---------------------- ---------------------------
b) Nature of Grant of Option
the transaction
---------------------- ---------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 0p 196,267
----------
---------------------- ---------------------------
d) Aggregated
information N/A - single transaction
- Aggregated
volume
- Price
---------------------- ---------------------------
e) Date of the 20 May 2019
transaction
---------------------- ---------------------------
f) Place of the London Stock Exchange, AIM
transaction
---------------------- ---------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name Frank Gao
---------------------- ---------------------------
2 Reason for the notification
---------------------------------------------------
a) Position/status Chief Operating Officer
---------------------- ---------------------------
b) Initial notification Initial notification
/Amendment
---------------------- ---------------------------
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 Ordinary shares of 1p
of the financial
instrument, KETL ISIN: IM00BF0FMG91
type of instrument
Identification
code
---------------------- ---------------------------
b) Nature of Grant of Option
the transaction
---------------------- ---------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 0p 112,398
----------
---------------------- ---------------------------
d) Aggregated
information N/A - single transaction
- Aggregated
volume
- Price
---------------------- ---------------------------
e) Date of the 20 May 2019
transaction
---------------------- ---------------------------
f) Place of the London Stock Exchange, AIM
transaction
---------------------- ---------------------------
Enquiries:
+44 (0) 1624 829
Strix Group Plc 829
Mark Bartlett, CEO
Raudres Wong, CFO
Zeus Capital Limited (Nominated Advisor
and Joint Broker) +44 (0) 20 3829 5000
Nick Cowles / Jamie Peel / Jordan Warburton (Corporate Finance)
Canaccord Genuity Limited (Joint Broker) +44 (0) 20 7523 8000
Chris Connors
IFC Advisory Limited (Financial PR and IR) +44 (0) 20 3934 6630
Graham Herring / Heather Armstrong / Tim
Metcalfe
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DSHUKORRKBAVAUR
(END) Dow Jones Newswires
May 20, 2019 02:01 ET (06:01 GMT)
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