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IN BRIEF: Strix commences up to £10 million buyback programme

ALN

Strix Group PLC - Isle of Man-based supplier of kettle safety controls and other devices for water heating and temperature control, steam management, and water filtration - Begins a buyback programme worth up to £10 million. Says brokers, Zeus Capital Ltd and Stifel Nicolaus Europe Ltd will conduct the scheme on its behalf. Notes the scheme is being conducted in accordance with the authority granted by shareholders back in July last year. Explains that the programme will continue until either the authority expires or the company has spent the maximum amount allowed, unless Strix decides to end it sooner.

Current stock price: 47.43 pence, up 0.4% on Wednesday afternoon in London

12-month change: down 2.2%

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