31 May 2023
Strix Group Plc
("Strix", the "Group" or the "Company")
Investor Site Visits
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 a reconfirmation of its final dividend and also details of upcoming investor site visits taking place in July 2023.
Site Visits
Isle of Man Analyst and Investor Day
Strix will host a site visit for analysts and investors at the Company's Head Office, located at Forrest House, Ronaldsway, Isle of Man IM9 2RG on Monday 3 July 2023.
The event will include a tour of the premises and factory from executive and divisional management, with a particular focus on the:
- history of the business and the different divisions, including kettle controls, water and appliances
- review of new products with demonstrations;
- facility tour to show current process and future plans; and
- Q&A.
No material new information will be provided at the event.
Analysts and investors wishing to attend this event please email strix@investor-focus.co.uk.
Farringdon Showroom Informal Open Day
Strix will be hosting an informal opening of its new showroom on 11 July 2023 at 91 Turnmill Street, Farringdon, London, EC1M 5QU.
This will provide analysts and investors an opportunity to call in and chat on an informal basis with members of the Board and senior management, take a tour of the showroom, as well as seeing the range of products available within the water and appliances categories, including Billi products.
Interested parties are welcome from 3pm, and attendees are invited to register by emailing strix@investor-focus.co.uk.
Final Dividend
As capital allocation decisions prioritised debt reduction, the Board reconfirms its recommendation of a final dividend of 3.25 pence. The final dividend will be paid on 11 August 2023 to shareholders on the register at 30 June 2023 and the shares will trade ex-dividend from 29 June 2023.
| For further enquiries, please contact:
| |
| Strix Group Plc Mark Bartlett, CEO Raudres Wong, CFO | +44 (0) 1624 829829 |
|
Zeus (Nominated Advisor and Joint Broker) Nick Cowles / Jamie Peel / Jordan Warburton (Investment Banking) |
+44 (0) 20 3829 5000 |
|
Stifel Nicolaus Europe Limited (Joint Broker) Matthew Blawat / Francis North |
+44 (0) 20 7710 7600 |
|
IFC Advisory Limited (Financial PR and IR) |
+44 (0) 20 3934 6630 |
| | |
ABOUT STRIX GROUP PLC
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 in this field since being founded in 1982.
Strix trades on the AIM Market of the London Stock Exchange (AIM: KETL).
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