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Strix Group ( (GB:KETL) ) has shared an announcement.
Strix Group PLC has announced the issuance of 67,612 new ordinary shares following the exercise of options under its Long Term Incentive Plan. These shares, which are not allocated to board directors but to employees, will be admitted to trading on AIM effective October 1, 2025. This move increases the company’s total issued share capital to 229,927,550 ordinary shares, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:KETL) stock is a Hold with a £43.00 price target. To see the full list of analyst forecasts on Strix Group stock, see the GB:KETL Stock Forecast page.
Spark’s Take on GB:KETL Stock
According to Spark, TipRanks’ AI Analyst, GB:KETL is a Neutral.
Strix Group’s overall stock score is primarily impacted by its financial performance, which shows significant challenges in profitability and revenue growth. Technical analysis indicates a lack of strong momentum, and valuation metrics are weak due to negative earnings and no dividend yield. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on GB:KETL stock, click here.
More about Strix Group
Founded in 1982 and based in the Isle of Man, Strix Group PLC is a global leader in designing, manufacturing, and supplying kettle safety controls and other components related to water heating, temperature control, steam management, and water filtration. The company offers a range of safety controls for small domestic appliances, primarily kettles, and has expanded into complementary products and technologies. Strix’s brands include Aqua Optima, LAICA, and Billi, providing market-leading water solutions globally. Strix is listed on the AIM Market of the London Stock Exchange.
Average Trading Volume: 496,328
Technical Sentiment Signal: Sell
Current Market Cap: £105.7M
Learn more about KETL stock on TipRanks’ Stock Analysis page.