Last checked at 22 Jun 2023 12:35
discoverIE Group plc
ANNUAL REPORT AND ACCOUNTS 2023
NOTICE OF ANNUAL GENERAL MEETING 2023
discoverIE Group plc (LSE:DSCV, the "Company"), a leading international designer and manufacturer of customised electronics for industrial applications, 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 2023
· Notice of Annual General Meeting 2023
· 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
Buchanan
Chris Lane, Toto Berger, Jack Devoy 020 7466 5000
discoverIE@buchanan.uk.com
Notes to Editors:
About discoverIE Group plc
discoverIE Group plc is an international group of businesses that design and manufacture innovative electronic components for industrial applications.
The Group provides application-specific components to original equipment manufacturers ("OEMs") internationally through its two divisions, Magnetics & Controls, and Sensing & Connectivity. 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 sustainable key markets driven by structural growth and increasing electronic content, namely renewable energy, medical, electrification of transportation, and industrial automation & connectivity, the Group aims to achieve organic growth that is well ahead of GDP and to supplement that with complementary acquisitions. The Group is committed to reducing the impact of its operations on the environment with an SBTi aligned plan to reach net zero. With its key markets aligned with a sustainable future, the Group has been awarded an ESG "A" rating by MSCI and is Regional (Europe) Top Rated by Sustainalytics.
The Group employs c.4,700 people across 20 countries with its principal operating units located in Continental Europe, the UK, China, Sri Lanka, India and North America.
discoverIE is listed on the Main Market of the London Stock Exchange and is a member of the FTSE250, classified within the Electrical Components and Equipment subsector.