STRIX GROUP PLC

Director's Dealing • Nov 1, 2018

National Storage Mechanism | Additional information

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RNS Number : 9513F

Strix Group PLC

01 November 2018

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014.  Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

1 November 2018

Strix Group Plc

("Strix" or the "Company")

Grant of Options

Strix Group Plc (AIM: KETL), the AIM quoted global leader in the design, manufacture and supply of kettle safety controls and other complementary water temperature management components, announces that it granted options on 1 November 2018 over a total of 1,289,630 Ordinary Shares of 1p each in the Company ("Ordinary Shares") under the Strix Group Plc Long Term Incentive Plan ("LTIP").

Included within the 1,289,630 options granted are the following to Directors and PDMRs of the Company as part of their annual remuneration and incentivisation packages:

		Number of options granted	Total number of options held
Mark Bartlett	Chief Executive Officer	208,417	4,008,417
Raudres Wong	Chief Financial Officer	191,870	2,091,870
Frank Gao	Chief Operating Officer	86,791	596,791

The remaining 802,553 options granted have been awarded to members of the Company's trading board and senior managers. The options have been granted at nil cost, and are subject to performance conditions as determined by the Company's remuneration committee.

Following these grants the total number of options over Ordinary Shares in issue is 10,318,525.

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

Mark Bartlett

2

Reason for the notification

a)

Position/status

Chief Executive 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)

Price(s)	Volume(s)
0p	208,417

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

1 November 2018

f)

Place of the transaction

London Stock Exchange, AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Raudres Wong

2

Reason for the notification

a)

Position/status

Chief Financial 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)

Price(s)	Volume(s)
0p	191,870

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

1 November 2018

f)

Place of the transaction

London Stock Exchange, AIM

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)

Price(s)	Volume(s)
0p	86,791

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

1 November 2018

f)

Place of the transaction

London Stock Exchange, AIM

For further enquiries, please contact:

Strix Group Plc Mark Bartlett (CEO) Raudres Wong (CFO)	01624 829 829
Zeus Capital Limited (Nominated Advisor) 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	020 3934 6630

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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