15 October
2024
discoverIE Group plc
Director/PDMR
Shareholdings
discoverIE Group plc (LSE:DSCV, the
"Company"), a leading international designer and manufacturer of
customised electronics to industry, announces that, on 15 October
2024, it was notified of the following
purchases of ordinary shares of 5 pence each in the Company
("Ordinary Shares") by Directors of the Company:
|
Name
|
Ordinary shares
acquired
|
Average price paid
|
Total holding
following share
purchases
|
Percentage held
of issued share
capital
|
|
Nick Jefferies
|
31,588
|
£6.331
|
1,303,722
|
1.35%
|
|
Simon Gibbins
|
7,822
|
£6.335
|
419,217
|
0.44%
|
|
Clive Watson
|
3,950
|
£6.273
|
31,275
|
0.03%
|
|
Celia Baxter
|
4,851
|
£6.183
|
7,642
|
0.01%
|
The information set out below is
provided in accordance with the requirements of Article 19(3) of
the EU Market Abuse Regulation No 596/2014.
|
1
|
Details of the
person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name
|
Nick Jefferies
|
|
2
|
Reason for the
notification
|
|
a)
|
Position / status
|
Group Chief Executive
|
|
b)
|
Initial notification / amendment
|
Initial notification
|
|
3
|
Details of
issuer
|
|
a)
|
Name
|
discoverIE Group plc
|
|
b)
|
LEI
|
213800BMDLQU1VEEAN68
|
|
4
|
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial instrument, type
of instrument
Identification code
|
Ordinary Shares
GB0000055888
|
|
b)
|
Nature of the transaction
|
Share acquisition
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
633.138 pence per share
|
28,571
|
|
633.5 pence per share
|
3,017
|
|
|
d)
|
Aggregated information
|
|
Price
|
Volume
|
Total
|
|
633.17 pence per share
|
31,588
|
£200,006.56
|
|
|
e)
|
Date of the transaction
|
15 October 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
|
1
|
Details of the
person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name
|
Simon Gibbins
|
|
2
|
Reason for the
notification
|
|
a)
|
Position / status
|
Group Finance Director
|
|
b)
|
Initial notification / amendment
|
Initial notification
|
|
3
|
Details of
issuer
|
|
a)
|
Name
|
discoverIE Group plc
|
|
b)
|
LEI
|
213800BMDLQU1VEEAN68
|
|
4
|
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial instrument, type
of instrument
Identification code
|
Ordinary Shares
GB0000055888
|
|
b)
|
Nature of the transaction
|
Share acquisition
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
6.335 pence per share
|
7,822
|
|
|
d)
|
Aggregated information
|
|
Price
|
Volume
|
Total
|
|
6.335 pence per share
|
7,822
|
£49,552.37
|
|
|
e)
|
Date of the transaction
|
15 October 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
|
1
|
Details of the
person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name
|
Clive Watson
|
|
2
|
Reason for the
notification
|
|
a)
|
Position / status
|
Non-Executive Director
|
|
b)
|
Initial notification / amendment
|
Initial notification
|
|
3
|
Details of
issuer
|
|
a)
|
Name
|
discoverIE Group plc
|
|
b)
|
LEI
|
213800BMDLQU1VEEAN68
|
|
4
|
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial instrument, type
of instrument
Identification code
|
Ordinary Shares
GB0000055888
|
|
b)
|
Nature of the transaction
|
Share acquisition
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
631.61 pence per share
|
1,865
|
|
623.5 pence per share
|
2,085
|
|
|
d)
|
Aggregated information
|
|
Price
|
Volume
|
Total
|
|
6.273 pence per share
|
3,950
|
£24,779.51
|
|
|
e)
|
Date of the transaction
|
15 October 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
|
1
|
Details of the
person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name
|
Celia Baxter
|
|
2
|
Reason for the
notification
|
|
a)
|
Position / status
|
Non-Executive Director
|
|
b)
|
Initial notification / amendment
|
Initial notification
|
|
3
|
Details of
issuer
|
|
a)
|
Name
|
discoverIE Group plc
|
|
b)
|
LEI
|
213800BMDLQU1VEEAN68
|
|
4
|
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial instrument, type
of instrument
Identification code
|
Ordinary Shares
GB0000055888
|
|
b)
|
Nature of the transaction
|
Share acquisition
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
618.3901 pence per share
|
4,366
|
|
617.7406 pence per share
|
485
|
|
|
d)
|
Aggregated information
|
|
Price
|
Volume
|
Total
|
|
6.183 pence per share
|
4,851
|
£29,994.95
|
|
|
e)
|
Date of the transaction
|
15 October 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
Notes to
Editors:
About discoverIE Group plc
discoverIE Group plc is an
international group of businesses that design and manufacture
innovative electronic components for industrial
applications.
The Group provides
application-specific components to original equipment manufacturers
("OEMs") internationally through its two divisions, Magnetics &
Controls, and Sensing & Connectivity. By designing components
that meet customers' unique requirements, which are then
manufactured and supplied throughout the life of their production,
a high level of repeating revenue is generated with long-term
customer relationships.
With a focus on key markets driven
by structural growth, increasing electronic content and
sustainability, namely medical, electrification of transportation,
renewable energy, security and industrial automation &
connectivity, the Group aims to achieve organic growth that is well
ahead of GDP and to supplement that with complementary
acquisitions. The Group is committed to reducing the impact of its
operations on the environment with an SBTi-aligned plan to reach
net zero. With its key markets aligned with a sustainable future,
the Group has been awarded an ESG "AA" rating by MSCI and is
Regional (Europe) Top Rated by Sustainalytics.
The Group employs c.4,500 people
across 20 countries with its principal operating units located in
Continental Europe, the UK, China, Sri Lanka, India and North
America.
discoverIE is listed on the Main
Market of the London Stock Exchange and is a member of the FTSE250,
classified within the Electrical Components and Equipment
subsector.