Business
Exercise of Options and Issue of Equity
Strix Group PLC announced the issuance of 67,612 new ordinary shares with a nominal value of £0.01 each, following the exercise of options under the Long Term Incentive Plan. These options, granted in April 2022, vested and became exercisable on September 30, 2025. Application has been made to the London Stock Exchange for admission of these shares to trading on AIM, expected to be effective on October 1, 2025. Following this admission, the company's issued share capital will consist of 229,927,550 ordinary shares. The company does not hold any shares in treasury. Disclaimer*
About this update from Strix Group Plc
[{"type":"text","content":"\n\n30 September 2025\nStrix Group plc\n \n(\"Strix\" or the \"Company\")\n \nExercise of Options and Issue of Equity\n \n \nStrix Group Plc (AIM:KETL), the global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heading and temperature control, steam management and water filtration, announces the Company has issued 67,612 new ordinary shares of £0.01 each (\"Ordinary Shares\") in the Company (the \"Option Shares\") pursuant to the exercise of options (\"Options\") under the Strix Group Plc Long Term Incentive Plan (\"LTIP\"). The Options were granted in April 2022 (\"2022 LTIP Award\") and vested and became exercisable from 30 September 2025 in accordance with the rules of the LTIP. The Option Shares were awarded to Strix employees and not to Strix's Board Directors.\n \nAdmission and Total voting rights\n \nStrix has made application to the London Stock Exchange for the issue of securities in respect of 67,612 new Ordinary Shares to be admitted to trading on AIM in relation to the exercise of the Option Shares and it is expected that admission will become effective on 1 October 2025. The Option Shares are being issued to satisfy the exercise of Options by an employee under the LTIP.\nFollowing the admission of the new Ordinary Shares pursuant to the exercise of share options and the issue of equity, the Company's issued share capital will comprise 229,927,550 Ordinary Shares and may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules. The Company does not hold any shares in treasury.\n \n Further enquiries, please contact:\n\n\n\n\nStrix Group Plc\nMark Bartlett, CEO\nClare Foster, CFO\n \n\n\n+44 (0) 1624 829829\n\n\n\n\n\n\n\nZeus (Nominated Adviser and Joint Broker)\nJordan Warburton / Louisa Waddell (Investment Banking)\nDominic King (Corporate Broking)\n \n\n\n+44 (0) 20 3829 5000\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n\nStifel Nicolaus Europe Limited (Joint Broker)\n\n\n +44 (0) 20 7710 7600\n\n\n\n\n\...