Strix Group PLC AGM Statement (9172Z)
May 23 2019 - 2:01AM
UK Regulatory
TIDMKETL
RNS Number : 9172Z
Strix Group PLC
23 May 2019
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.
23 May 2019
Strix Group Plc
("Strix" or the "Company")
AGM Statement
At today's Annual General Meeting of 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, Gary Lamb, Chairman, will make
the following statement:
"The Company is pleased to announce it has signed a land
purchase agreement with the Zengcheng Government and expects to
start construction of the new factory at the end of Q3 this year as
scheduled.
"I am also pleased to report that the Company continues to trade
in line with market expectations for the year ending 31 December
2019."
Enquiries:
+44 (0) 1624 829
Strix Group Plc 829
Mark Bartlett, CEO
Raudres Wong, CFO
Zeus Capital Limited (Nominated Advisor
and Joint Broker) +44 (0) 20 3829 5000
Nick Cowles / Jamie Peel / Jordan Warburton (Corporate Finance)
Canaccord Genuity Limited (Joint Broker) +44 (0) 20 7523 8000
Chris Connors
IFC Advisory Limited (Financial PR and IR) +44 (0) 20 3934 6630
Graham Herring / Heather Armstrong / Tim
Metcalfe
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 is admitted to trading on the Alternative Investment
Market of the London Stock Exchange (AIM: KETL).
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.
END
AGMPGUUAAUPBGBP
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