STRIX GROUP PLC

Remuneration Information • Aug 8, 2017

National Storage Mechanism | Additional information

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RNS Number : 4107N

Strix Group PLC

08 August 2017

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

8 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 has today granted options over a total of 5,700,000 Ordinary Shares of 1p each ('Ordinary Shares') to Mark Bartlett (CEO) and Raudres Wong (CFO).

The options have been granted at nil cost, and are subject to earnings per share based performance conditions with a total shareholder return underpin, as well as the recipients remaining employed by Strix as at 31 December 2019.

Included within the total number of options granted of 5,700,000, are individual option grants over 3,800,000 and 1,900,000 Ordinary Shares, to Mark Bartlett and Raudres Wong respectively.

Following these grants Mark Bartlett and Raudres Wong's total interest in Ordinary Shares is as described below:

Name	Ordinary Shares held	Options held over Ordinary Shares
Mark Bartlett	300,000	3,800,000
Raudres Wong	300,000*	1,900,000

*held in the name of her husband, Wing Yip Fong

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	3,800,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

8 August 2017

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	1,900,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

8 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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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