16 Aug 2017 10:50
16 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 granted options on 15 August 2017 over a total of 3,431,505 Ordinary Shares of 1p each ('Ordinary Shares'), including an option over 510,000 Ordinary Shares being granted to Frank Gao (Chief Operating Officer).
The options have been granted at nil cost, and are subject to performance conditions as determined by the Company's remuneration committee.
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 | 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 Identification code | Ordinary shares of 1p
KETL ISIN: IM00BF0FMG91 | ||||
b) | Nature of the transaction | Grant of Option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 15 August 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
Enquiries:
Strix Group Plc Mark Bartlett (CEO) Raudres Wong (CFO)
| 01624 829 829 |
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 |
Strix (KETL)