AIM RULE 26

The information outlined below is made available for the purposes of AIM Rule 26 and was updated on 16 September 2022

Business Description

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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.

Company Details

Company name: Strix Group Plc
Place of registration: Isle of Man
Country of incorporation: Isle of Man
Main country of operation: Isle of Man / China / Italy / United Stated
Registered number: 014963V

Registered Office Address

Forrest House
Ronaldsway
Isle of Man
IM9 2RG
 

 
 

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.

 

Exchange/Trading Platform

The securities of Strix Group Plc (AIM: KETL) are traded on AIM of the London Stock Exchange.
Currently, securities are not traded on any other exchange or trading platform.

  View share price information

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.

Significant Shareholders

Shareholders on website
 
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.
 
Directors shareholdings
 

The Company is subject to the UK City Code on Takeovers and Mergers.

Advisers & Registrars

Registered Office Address

Forrest House
Ronaldsway
Isle of Man
IM9 2RG
 

Nomad and Broker

Zeus Capital Limited
82 King Street
Manchester | M2 4WQ



10 Old Burlington Street
London | W1S 3AG

 

Joint Broker

Stifel Nicolaus Europe Limited
150 Cheapside
London
EC2V 6ET

Auditors

PricewaterhouseCoopers LLC

60 Circular Road
Douglas
IM1 1SA

Financial PR/Investor Relations

IFC ADVISORY

Birchin Court
20 Birchin Lane
London
EC3V 9DU
Email: strix@investor-focus.co.uk

Leadboard

Gary Lamb

Non-Executive Chairman
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.

Mark Bartlett
Raudres Wong
Mark Kirkland
Richard Sells
Frank Gao

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.

Harry Kyriacou
Ceyda Gibson
Nick Gibbs
David Trustrum
Neil Geoghegan
Emma Cox
Matt Thomas
Strix Plc
Isle of Man, British Isles
+44 (0)1624 829 829
Mon-Fri, 8.00-17.00 (UK Time)
info@strix.com
Mon-Fri, 8.00-17.00 (UK Time)
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