Strix Group PLC PDMR Dealings (2121B)

TIDMKETL

RNS Number : 2121B

Strix Group PLC

08 June 2021

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

Strix Group Plc

PDMR Dealings

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                                                                     Frank Gao 
      -----------------------------------------------------------------------  -------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                                          Chief Operating 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                                                Sale of Ordinary Shares 
 
 c)    Price(s) and volume(s)                                                     Price(s)        Volume(s) 
----  -----------------------------------------------------------------------   ---------------  ------------ 
                                                                                 310p             200,000 
  ----------------------------------------------------------------------------  ---------------  ------------ 
 d)    Aggregated information 
         *    Aggregated volume                                                   N/A - Single transaction 
 
 
         *    Price 
      -----------------------------------------------------------------------  -------------------------------- 
 e)    Date of the transaction                                                  7 June 2021 
      -----------------------------------------------------------------------  -------------------------------- 
 f)    Place of the transaction                                                 London Stock Exchange, AIM 
      -----------------------------------------------------------------------  -------------------------------- 
 
 
 For further enquiries, please contact: 
 
Strix Group Plc                                                   Tel: [phone] 
Mark Bartlett, CEO 
Raudres Wong, CFO 
 
Zeus Capital Limited (Nominated Advisor and Joint Broker)         [phone] 
Nick Cowles / Jamie Peel / Jordan Warburton (Corporate Finance) 
 
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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June 08, 2021 09:45 ET (13:45 GMT)