Last checked at 15 Jul 2020 11:00
discoverIE Group plc
ANNUAL REPORT AND ACCOUNTS 2020
NOTICE OF ANNUAL GENERAL MEETING 2020
discoverIE Group plc (LSE : DSCV, "discoverIE" or the "Company"), a leading international designer, manufacturer and supplier of customised electronics to industry, announces that the following documents have today been submitted to the National Storage Mechanism, where they will shortly be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism:
· Annual Report and Accounts for the year ended 31 March 2020
· Notice of Annual General Meeting 2020
· Form of Proxy
The Annual Report and Accounts and the Notice of Annual General Meeting can also be downloaded from the Company's website at www.discoverIEplc.com.
Hard copies of these documents have been posted to those shareholders who have elected to receive paper communications.
For further information, please contact:
discoverIE Group plc 01483 544 500
Greg Davidson - Company Secretary
Instinctif Partners 0207 457 2020
Mark Garraway
Rosie O'Driscoll
Notes to Editors:
About discoverIE Group plc
discoverIE Group plc is an international group of businesses that designs, manufactures and supplies innovative components for electronic applications.
The Group provides application-specific components to original equipment manufacturers ("OEMs") internationally. By designing components that meet customers' unique requirements, which are then manufactured and supplied throughout the life of their production, a high level of repeating revenue is generated with long term customer relationships.
With a focus on key markets driven by structural growth and increasing electronic content, namely renewable energy, transportation, medical and industrial & connectivity, the Group aims to achieve organic growth that is well ahead of GDP and to supplement that with targeted complementary acquisitions.
The Group employs c.4,400 people and its principal operating units are located in Continental Europe, the UK, China, Sri Lanka, India and North America.
The Group is listed on the Main Market of the London Stock Exchange and is in the top quartile of the FTSE Small Cap Index, classified within the Electrical Components and Equipment subsector, and has revenues of over £450m. Over the last five years, underlying earnings per share has almost doubled.