Strix Group Plc 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 are responsible for disconnecting the power to the heating element when either water has boiled, operated with no water present, or in some products when the kettle is lifted off its base. The kettle control is also designed to act as a safety device, disconnecting the power during abnormal operations such as when there is no water in the appliance, to prevent the element from overheating.
Through investments in key acquisitions and R&D, the group also innovates technologies in the Small Domestic Appliance and Water Filtration segments, where it brings its technologies to market through its own consumer brands and with key brand partners around the world.
Strix has nine operational sites globally, of which two are in the Isle of Man (where the Group’s head office is located), one is in the UK, two in Hong Kong, two in China, one in Italy and one in the United States. Strix has manufacturing operations in three locations: Ramsey in the Isle of Man, and Guangzhou and Shanghai in China.
Strix Group Plc is not incorporated in the UK and as such the rights of shareholders may be different from the rights of shareholders
in a UK incorporated company.
Significant Shareholders and Shares in Issue
As at 16 September 2022, Strix plc had 207,406,554 ordinary shares of 100p in issue.
Of these 14.77% were not in public hands.
No shares are held in treasury.
There are currently no restrictions on the transfer of the AIM securities.
|Shareholders on website (3% and above)||Holding (%)|
|Octopus Investments Nominees Limited||12.41|
|Canaccord Genuity Wealth Management||5.30|
|Aegon Asset Management*||5.16|
|Schroder Investment Management||4.99|
|Rathbone Investment Mgt||3.79|
|Premier Miton Investors||3.79|
|Investec Wealth & Investment (RS)||3.64|
|Abrdn (Standard Life)||3.43|
|Close Asset Management Limited||3.07|
|Hargreaves Lansdown Asset Management||3.05|
*Previously Kames Capital.
Advisers & Registrars
Gary Lamb is a qualified accountant (CIMA) who has gained extensive business experience over the past 25 years in numerous senior roles. Gary is currently Chief Executive Officer of Manx Telecom plc. Gary led Manx Telecom through a successful initial public offering on AIM in 2014. Prior to joining Manx Telecom, Gary was a founder director of Bladon Jets Limited, and a Non-Executive Director until July 2017. For 11 years, prior to Bladon Jets, Gary was the Finance & IT Director of Strix Limited, leaving in 2007. Gary was a key member of a successful team that delivered impressive growth and played a leading role in two leveraged management buy-out sales to private equity houses.
Chief Operating Officer
Frank joined Strix in 2012. He directs and leads the global operations team which spans Strix’s Guangzhou and Ramsey facilities, and oversees the company’s overall manufacturing, supply chain and technology footprint. Frank has over 20 years of experience at various multinationals including 15 years with Nortel and 5 years with Jabil Circuits. Frank holds a Bachelors Degree in Telecommunications Engineering from Changchun Post and Telecommunications Institute and an MBA from Southern Cross University in Australia. Frank also holds a Six Sigma Black Belt.