REG - Strix Group PLC - Exercise of Options and Issue of Equity
30 September 2025
Strix Group plc
("Strix" or the "Company")
Exercise of Options and Issue of Equity
Strix Group Plc (AIM:KETL), the global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heading and temperature control, steam management and water filtration, announces the Company has issued 67,612 new ordinary shares of £0.01 each ("Ordinary Shares") in the Company (the "Option Shares") pursuant to the exercise of options ("Options") under the Strix Group Plc Long Term Incentive Plan ("LTIP"). The Options were granted in April 2022 ("2022 LTIP Award") and vested and became exercisable from 30 September 2025 in accordance with the rules of the LTIP. The Option Shares were awarded to Strix employees and not to Strix's Board Directors.
Admission and Total voting rights
Strix has made application to the London Stock Exchange for the issue of securities in respect of 67,612 new Ordinary Shares to be admitted to trading on AIM in relation to the exercise of the Option Shares and it is expected that admission will become effective on 1 October 2025. The Option Shares are being issued to satisfy the exercise of Options by an employee under the LTIP.
Following the admission of the new Ordinary Shares pursuant to the exercise of share options and the issue of equity, the Company's issued share capital will comprise 229,927,550 Ordinary Shares and may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules. The Company does not hold any shares in treasury.
Further enquiries, please contact:
Strix Group Plc Mark Bartlett, CEO Clare Foster, CFO | +44 (0) 1624 829829 | |
Zeus (Nominated Adviser and Joint Broker) Jordan Warburton / Louisa Waddell (Investment Banking) Dominic King (Corporate Broking) | +44 (0) 20 3829 5000 | |
Stifel Nicolaus Europe Limited (Joint Broker) | +44 (0) 20 7710 7600 | |
Matthew Blawat / Francis North | ||
Gracechurch Group (Financial PR and IR) | +44 (0) 20 4582 3500 | |
Heather Armstrong / Claire Norbury | ||
Information of Strix
Founded in 1982, Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.
Strix's core product range comprises a variety of safety controls for small domestic appliances, primarily kettles. Kettle safety controls require precision engineering and intricate knowledge of material properties in order to repeatedly function correctly.
Strix has built up market leading capability and know-how, expanding into complementary products and technologies. The Group's brands include Aqua Optima, LAICA and Billi providing our customers with market leading water solutions on a global basis.
Strix is quoted on the AIM Market of the London Stock Exchange (AIM:KETL).
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