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KETL Strix Group Plc

68.60
2.20 (3.31%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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
  2.20 3.31% 68.60 67.70 68.30 68.50 66.80 66.80 620,293 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Manufacturing Industries,nec 106.92M 16.79M 0.0768 8.82 148.07M

Strix Group PLC Grant of Options (4107N)

08/08/2017 11:29am

UK Regulatory


Strix (LSE:KETL)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Strix Charts.

TIDMKETL

RNS Number : 4107N

Strix Group PLC

08 August 2017

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain

8 August 2017

Strix Group Plc

("Strix" or the "Company")

Grant of Options

Strix Group Plc (AIM: KETL), the designer, manufacturer and supplier of kettle safety controls and other complementary water temperature management components, announces that, further to the intention disclosed in its AIM Admission Document dated 27 July 2017, it has today granted options over a total of 5,700,000 Ordinary Shares of 1p each ('Ordinary Shares') to Mark Bartlett (CEO) and Raudres Wong (CFO).

The options have been granted at nil cost, and are subject to earnings per share based performance conditions with a total shareholder return underpin, as well as the recipients remaining employed by Strix as at 31 December 2019.

Included within the total number of options granted of 5,700,000, are individual option grants over 3,800,000 and 1,900,000 Ordinary Shares, to Mark Bartlett and Raudres Wong respectively.

Following these grants Mark Bartlett and Raudres Wong's total interest in Ordinary Shares is as described below:

 
 Name             Ordinary      Options 
                    Shares    held over 
                      held     Ordinary 
                                 Shares 
 Mark Bartlett     300,000    3,800,000 
 Raudres 
  Wong            300,000*    1,900,000 
 

*held in the name of her husband, Wing Yip Fong

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            Initial notification 
       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 
       of the             1p 
       financial 
       instrument,        KETL ISIN: IM00BF0FMG91 
       type of 
       instrument 
       Identification 
       code 
---  -----------------  -------------------------- 
 b)   Nature             Grant of Option 
       of the 
       transaction 
---  -----------------  -------------------------- 
 c)   Price(s)             Price(s)   Volume(s) 
       and volume(s)       ---------  ---------- 
                            0p         3,800,000 
                           ---------  ---------- 
---  -----------------  -------------------------- 
 d)   Aggregated 
       information        N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------  -------------------------- 
 e)   Date of            8 August 2017 
       the transaction 
---  -----------------  -------------------------- 
 f)   Place of           London Stock Exchange, 
       the transaction    AIM 
---  -----------------  -------------------------- 
 
 
 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            Initial notification 
       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 
       of the             1p 
       financial 
       instrument,        KETL ISIN: IM00BF0FMG91 
       type of 
       instrument 
       Identification 
       code 
---  -----------------  -------------------------- 
 b)   Nature             Grant of Option 
       of the 
       transaction 
---  -----------------  -------------------------- 
 c)   Price(s)             Price(s)   Volume(s) 
       and volume(s)       ---------  ---------- 
                            0p         1,900,000 
                           ---------  ---------- 
---  -----------------  -------------------------- 
 d)   Aggregated 
       information        N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
---  -----------------  -------------------------- 
 e)   Date of            8 August 2017 
       the transaction 
---  -----------------  -------------------------- 
 f)   Place of           London Stock Exchange, 
       the transaction    AIM 
---  -----------------  -------------------------- 
 

Enquiries:

 
 Strix Group Plc 
  Mark Bartlett (CEO)                  01624 829 
  Raudres Wong (CFO)                    829 
 Zeus Capital Limited 
  Nick Cowles / Jamie Peel / Jordan 
  Warburton (Corporate Finance) 
  Dominic King (Corporate Broking)     020 3829 5000 
 IFC Advisory Limited (Financial 
  PR & IR) 
  Graham Herring / Tim Metcalfe / 
  Heather Armstrong / Miles Nolan      020 3053 8671 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUWURRBWAWRAR

(END) Dow Jones Newswires

August 08, 2017 06:29 ET (10:29 GMT)

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