Last checked at 28 Mar 2024 07:30
28 March 2024
discoverIE Group plc
Director Declaration
discoverIE Group plc (LSE: DSCV, "discoverIE", the "Group" or the "Company"), a leading international designer and manufacturer of customised electronics to industry, announces that, pursuant to Listing Rule 9.6.14(2), it has been informed that Rosalind Kainyah, Non-Executive Director, has been proposed for appointment as a Non-Executive Director of EnQuest plc, an independent energy company quoted on the London Stock Exchange, at the EnQuest Annual General Meeting on 30 May 2024.
For further information, please contact:
discoverIE Group plc 01483 544 500
Lili Huang Head of Investor Relations
Buchanan 020 7466 5000
Chris Lane, Toto Berger
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 "AA" rating by MSCI and is Regional (Europe) Top Rated by Sustainalytics.
The Group employs c.4,500 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.