Result of General Meeting
Strix Group Plc announced that shareholders overwhelmingly approved the Resolution to dispose of its Billi division, with 99.97% of votes cast in favour. This approval satisfies all conditions for completion of the disposal, which is anticipated to occur on January 30, 2026. The company, a global leader in kettle safety controls and water heating components, will make a further announcement upon completion of the sale.
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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 |
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.
Strix is quoted on the AIM Market of the London Stock Exchange (AIM: KETL).
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.