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RNS Number : 3799W

discoverIE Group plc

16 April 2019

16 April 2019

discoverIE Group plc

Director Declaration

As announced earlier today by Gamma Communications plc, Henrietta Marsh, who is a Non-Executive Director of discoverIE Group plc, will become a Non-Executive Director of Gamma Communications plc with immediate effect.

This announcement is made in accordance with Listing Rule 9.6.14(R).

 
 For further information, please contact: 
                                             020 7457 
 Instinctif                                   2020 
 Mark Garraway 
 James Gray

About discoverIE Group plc

discoverIE Group plc is an international group of businesses that designs, manufactures and supplies innovative components for electronic applications.

The Group provides application-specific components to original equipment manufacturers ("OEMs") internationally. With in-house engineering capability, we are able to design components to meet customer requirements, which are then manufactured and supplied, usually on a repeating basis, for their ongoing production needs. This generates a high level of repeating revenue and long term customer relationships.

By focusing on key markets which are driven by structural growth and increasing electronic content, namely renewable energy, transportation, medical and industrial connectivity, the Group aims to achieve organic growth that is well ahead of GDP and to supplement that with targeted complementary acquisitions.

The Group employs c.4,300 people and its principal operating units are located in Continental Europe, the UK, China, Sri Lanka, India and North America.

The Group is listed on the Main Market of the London Stock Exchange and is a member of the FTSE Small Cap Index, classified within the Electrical Components and Equipment subsector, and has revenue of GBP0.4bn. Over the last five years, revenue and underlying earnings per share has more than doubled.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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April 16, 2019 08:08 ET (12:08 GMT)

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