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Strix Group Plc held a General Meeting on January 8, 2026, where shareholders approved the resolution for the disposal of the Billi division. The resolution passed with 126,338,075 votes (99.97%) for and 40,032 votes (0.03%) against. All conditions for the disposal have been satisfied, with completion anticipated on January 30, 2026.
| Date | 8 Jan 2026 |
| Time | 12:40:38 |
| Category | AGMs and other meetings |
| ID | 2108O |
Strix Group Plc
("Strix", the "Group" or the "Company")
Result of General Meeting
Strix Group Plc (AIM:KETL), the 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, announced on 19 December 2025 that a Circular, containing details of the proposed disposal by the Group of the Billi division and seeking shareholder approval for the Resolution, had been posted to shareholders. The Circular contained a notice convening a General Meeting to be held at the offices of the Company at Forrest House, Ronaldsway, Isle of Man, IM9 2RG at 10.00 a.m. on 8 January 2026.
The Company is pleased to announce that, at the General Meeting, the Resolution as set out in the Notice of General Meeting was duly passed by Shareholders.
For information, the votes cast on the Resolution were as follows:
|
Resolution Description |
Votes for |
Votes against |
Total proxy votes* |
Votes withheld |
||
|
|
No. of votes |
% of votes cast* |
No. of votes |
% of votes cast* |
No. of votes |
No. of votes |
|
To approve the disposal of the Billi division |
126,338,075 |
99.97 |
40,032 |
0.03 |
126,378,107 |
24,171 |
* Excludes withheld votes. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes for or against any resolution, nor in the calculation of total proxy votes.
Following the approval of the Resolution, all conditions to completion of the Disposal under the terms of the SPA have been satisfied.
It is currently anticipated that Completion will take place on 30 January 2026. A further announcement will be made when Completion has occurred.
A copy of the Circular and Notice of General Meeting are available for inspection on the Company's website at https://strix.com/documents-reports.html. Capitalised terms used in this announcement have the meanings given to them in the Circular.
For further enquiries, please contact:
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Strix Group Plc |
+44 (0) 1624 829829 |
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Gary Lamb, Chairman Mark Bartlett, CEO Clare Foster, CFO
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Zeus (Nominated Advisor, Joint Financial Adviser and Joint Broker) |
+44 (0) 20 3829 5000 |
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Jordan Warburton / Louisa Waddell (Investment Banking) Dominic King (Corporate Broking)
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Stifel Nicolaus Europe Limited (Joint Financial Adviser and Joint Broker) |
+44 (0) 20 7710 7600 |
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Matthew Blawat / Phillip McCreanor
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Gracechurch Group (Financial PR and IR) |
+44 (0) 204 582 3500 |
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Heather Armstrong / Claire Norbury |
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Information on Strix
Founded in 1982, 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 has built up market leading capability and know-how, expanding into complementary products and technologies. The Group's brands include Aqua Optima, LAICA and Billi providing our customers with market leading water solutions on a global basis.
Strix is quoted on the AIM Market of the London Stock Exchange (AIM: KETL).