Strix Group PLC - Isle of Man-based supplier of kettle safety controls and other devices for water heating and temperature control, steam management, and water filtration - Confirms that a competitive refinancing process will be formally initiated in the coming weeks to provide cost effective and flexible funding to support the medium-term investment-driven growth aspirations. In addition, names Rachel Pallett as Chief Commercial Officer with effect from Thursday. Pallet has been part of the senior management team since 2023.

Current stock price: 41.15 pence, closed down 1.6% 7n London on Thursday

12-month changed: down 8.2%

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